FX.co ★ Latvia’s Consumer Prices Stabilise in January, Ending Short Deflationary Spell

Latvia’s consumer price index (CPI) registered 0.00% month-on-month in January 2026, marking a return to price stability after a slight decline at the end of last year. The latest data, updated on 11 February 2026, show that prices were flat compared with December 2025.

In the previous month, December 2025, Latvia recorded a month-on-month CPI change of -0.10%, indicating mild deflation at the time. The shift from a small negative reading to zero suggests that downward price pressures have eased, with the overall price level now holding steady rather than continuing to fall.

On a month-over-month basis, the “actual” figure compares January 2026 to December 2025, while the “previous” figure reflects the change in December 2025 relative to November 2025. This progression from -0.10% to 0.00% may be interpreted by market participants as a sign that consumer prices in Latvia are stabilising after a brief period of marginal declines.