actual 3.3, previous 2.2
On January 10, 2025, at 11:00:00, the economic event "Inflation Rate YoY (Dec)" for Latvia (LV) was released. The actual inflation rate year-over-year for December was 3.3%, which was higher than the previous value of 2.2%. The market estimate was 2.8%, so the actual value exceeded expectations.
This event is categorized as having a low impact on the market. The percentage change from the previous value was 1.1, indicating a 50% increase in the inflation rate compared to the previous period. The data is reported in Euro (EUR) currency.
Overall, this event suggests that inflation in Latvia has increased more than anticipated, which could have implications for the country's economy, monetary policy, and consumer purchasing power.