Latvia Inflation Remains Stable At 4.1%

(RTTNews) - Latvia's consumer price inflation held steady in September after accelerating to a 2-year high in August, preliminary data from the statistical office showed on Wednesday.

The consumer price index rose 4.1 percent year-on-year in September, the same as in the previous month, which was the highest inflation rate since August 2023.

Inflation based on food and non-alcoholic beverages eased to 6.8 percent from 7.5 percent. Meanwhile, utility costs grew at a faster pace of 2.5 percent versus 2.2 percent in August. Expenses for goods and services related to transport were 2.6 percent higher.

On a monthly basis, consumer prices rebounded 0.2 percent versus a 0.2 percent decrease in August.