Financial News: Latvia Inflation Rises To 3.7%, Highest In 18

Latvia Inflation Rises To 3.7%, Highest In 18 Months

03/10/2025 - 10:42:00 (RTTNews)

(RTTNews) - Latvia's consumer price inflation accelerated in February to the highest level in one-and-a-half years, preliminary data from the statistical office showed on Monday.

The consumer price index rose 3.7 percent year-on-year in February, faster than the 3.0 percent increase in January.

Further, this was the highest inflation rate since August 2023, when prices had risen 5.4 percent.

Food prices grew 5.7 percent annually in February compared to 4.6 percent in the prior month. Health costs were 4.4 percent more expensive.

The average price level of goods and services related to housing rose by 1.5 percent amid an 11.8 percent surge in electricity costs.

On a monthly basis, consumer prices increased 0.8 percent in February.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Latvia Inflation Rises To 3.7%, Highest In 18 Months (04 hr(s), 50 min(s), 07 sec(s) ago)
(RTTNews) - Latvia's consumer price inflation accelerated in February to the highest level in ...Full Story»

Turkish Industrial Output Growth Eases To 1.2% (05 hr(s), 02 min(s), 07 sec(s) ago)
(RTTNews) - Turkey's industrial production expanded for the third straight month in January, t ...Full Story»

Swiss Consumer Confidence Weakens In February (05 hr(s), 29 min(s), 07 sec(s) ago)
(RTTNews) - Swiss consumer confidence decreased for the first time in three months in February, mo ...Full Story»

Lithuania Inflation Eases Slightly To 3.5% (06 hr(s), 34 min(s), 07 sec(s) ago)
(RTTNews) - Lithuania's consumer price inflation softened marginally in February from a 16-mon ...Full Story»

Swedish GDP, Industrial Output Contracts In January (07 hr(s), 0 min(s),07 sec(s) ago)
(RTTNews) - Swedish economy and industrial production shrank for the first time in three months ...Full Story»

Slovenia Industrial Production Grows 3.4% In January (07 hr(s), 27 min(s), 07 sec(s) ago)
(RTTNews) - Industrial production in Slovenian rose in January mainly driven by a surge in output ...Full Story»

Italian Producer Prices Rise 1.6% (07 hr(s), 34 min(s), 07 sec(s) ago)
(RTTNews) - Italy's producer prices increased for the fourth straight month in January, data f ...Full Story»

Norway Inflation Climbs To 10-Month High (08 hr(s), 05 min(s), 07 sec(s) ago)
(RTTNews) - Norway's consumer price inflation accelerated further in February to the highest l ...Full Story»