Annual inflation in Latvia in December 2025 was higher than the average in the European Union (EU) and the euro area, according to data published on January 19 by the EU’s statistical office Eurostat.
Annual inflation in Latvia stood at 3.4% in December 2025.
Consumer prices increased in December 2025 in all EU member states.
The lowest inflation last month was recorded in Cyprus (0.1%), France (0.7%), Italy (1.2%) and Finland (1.7%).
Meanwhile, higher annual inflation than in Latvia was recorded in Romania (8.6%), Slovakia (4.1%), Estonia (4.0%), Croatia and Austria (both 3.8%), as well as Bulgaria (3.5%). In Lithuania, annual inflation amounted to 3.2%.
On average, annual inflation in the EU was 2.3% in December 2025, while in the euro area it stood at 1.9%.
Compared with the previous month, November 2025, consumer prices in December 2025 increased by 0.1% in the EU and by 0.2% in the euro area.
In Latvia, as well as in Poland and Portugal, consumer prices remained unchanged in December 2025 compared with November 2025. Month-on-month inflation was recorded in 15 EU member states, with the highest increase in Ireland (+0.6%). Of the nine countries where deflation was observed, the largest decline was recorded in Denmark, Estonia, Cyprus and Malta (all at -0.4%). In Lithuania, as in Luxembourg, consumer prices fell by 0.2%.
Eurostat calculates inflation using the EU’s Harmonised Index of Consumer Prices (HICP). (BNN)