Latvia's annual inflation rate at 3.1% in October

"The annual change was driven mainly by higher prices in the transport group (1.7 percentage points, particularly for fuels for transport) as well as higher prices for housing, water, electricity, gas and other fuels (1.1 percentage points). Recreation, sport and culture also made a significant upward contribution (0.5 percentage points), followed by alcoholic beverages and tobacco (0.3 percentage points)," said the CSB.

In October 2026 the average level of consumer prices incr...