Over the year, the average level of consumer prices rose by 21.8 %

The latest data of the Central Statistical Bureau show that in November 2022, compared to November 2021, the average level of consumer prices* increased by 21.8 %.

Compared to November 2021, in November 2022 the average level of consumer prices was mainly influenced by the goods and services related to housing (7.5 percentage points), food and non-alcoholic beverages (7.5 percentage points), goods and services related to transport (2.5 percentage points), miscellaneous goods and services group (0.9 percentage points), restaurant and hotel services (0.7 percentage points).

Over the year, prices within the group of food and non-alcoholic beverages increased by 29.5 %. Price rise for bread (39.3 %), bakery products (28.3 %), flours and other cereals (53.6 %), pasta products (31.9 %), rice (35.2 %) and breakfast cereals (20.9 %) had the strongest upward influence on the average price level within the group. Upturn was recorded in prices of cheese and curd (37.2 %), milk products (37.6 %), milk (43.2 %), butter (37.2 %), eggs (20.2 %), yoghurt (19.2 %). Prices of dried, salted or smoked meat (23.9 %), poultry (40.6 %), pork (22.0 %), meat preparations (23.6 %) and beef (36.5 %) also went up. During the year, prices increased for coffee (33.0 %), fresh vegetables (22.7 %), fresh fruit (20.0 %), sugar (82.6 %), preserved or processed fish and seafood-based preparations (30.6 %), ice cream (22.2 %), chocolate (19.7 %), vegetable oil (34.4 %), sauces and condiments (45.1 %), fruit and vegetable juices (17.1 %). Rise was observed in prices of jams and honey (23.1 %), sweets (27.9 %), frozen fish (37.4 %), soft drinks (20.7 %), salt and spices (35.7 %), fresh or chilled fish (20.8 %), dried, other preserved or processed vegetables (20.6 %), ready-made meals (28.4 %), dried fruit and nuts (20.2 %), margarine (31.9 %), crisps (35.6 %), olive oil (17.0 %), dried, smoked or salted fish (19.8 %), tea (14.8 %).

The average level of alcoholic beverage and tobacco product prices rose by 6.2 %. As prices of spirits, beer and wine went up, alcoholic beverages became more expensive (7.1 %). Over the year average increase of 4.7 % was observed in prices of tobacco products.

Average level of prices of goods and services related to housing rose by 44.4 %. Over the year, the most significant rise in the prices was for heat energy, solid fuels, natural gas and electricity. Upturn was recorded in prices of water supply, sewage collection, refuse collection, materials for the maintenance and repair of the dwelling, services for the maintenance and repair of the dwelling as well as maintenance charges in multi-occupied buildings. In turn, price of rentals for housing reduced.

Within the furnishings group prices rose on average by 12.3 %, mainly due to the more expensive household cleaning and maintenance products, household furniture, major household appliances, non-electric kitchen utensils and articles as well as dishes.

The average level of health care prices grew by 9.1 %. Over the year, prices of dental services, pharmaceutical products, prices in medical specialist practice, prices of glasses and contact lenses, services of medical analysis laboratories and x-ray centres went up.

Prices of goods and services related to transport increased by 18.2 %, which was determined by the rise in prices of fuels for transport by 28.4 %. Prices of diesel rose by 38.7 %, of petrol – by 17.5 %, but of auto gas – by 7.5 %. Upturn was recorded in prices of maintenance and repair of personal transport equipment, spare parts and accessories for personal transport equipment, second-hand motor cars, passenger transport by road, new motor cars as well as passenger transport by air.

Prices of goods and services related to recreation and culture rose by 8.8 %. During the year, prices increased for pet food, recreational and sporting services, stationery and drawing materials, package holidays, television subscription fee, flowers as well as newspapers and magazines.

The average level of restaurant and hotel service prices went up by 19.2 %. Increase was observed in prices of catering services, of which prices of restaurant and café services rose by 17.4 %, of canteen services – by 19.0 % and of fast food services – by 19.3 %. Over the year, prices of hotel services also went up.

Within the miscellaneous goods and services group, prices increased by 18.0 %, which was most significantly affected by the rise in prices of articles for personal hygiene and beauty products. Motor vehicle insurance, retirement home fee for elderly persons, hairdressing and personal grooming establishment services, financial services were more expensive as well.

Among other commodity groups, the most notable rise was registered in prices of garments, telecommunication services and footwear.

Over the month, the average level of consumer prices rose by 1.1 %

Compared to October 2022, in November 2022 the average level of consumer prices increased by 1.1 %. Food and non-alcoholic beverages (0.4 percentage points), goods and services related to housing (0.2 percentage points), miscellaneous goods and services group (0.2 percentage points), and furnishings (0.1 percentage point) contributed the most to the price level increase.

Over the month, prices of food and non-alcoholic beverages grew by 1.5 %. The most significant price rise was registered for bread (3.0 %) and bakery products (3.7 %). Increase was also registered in prices of fresh vegetables (3.3 %), dried, salted or smoked meat (2.5 %). Prices of milk products went up (3.0 %), which was mainly affected by the end of promotions on sour cream. Upturn was recorded in prices of milk (2.9 %), eggs (4.1 %), sugar (4.8 %), fresh or chilled fish (7.9 %), sauces and condiments (7.1 %), yoghurt (2.5 %), preserved or processed fish and seafood-based preparations (2.8 %). As the promotions ended, prices of cheese and curd (0.7 %) and butter (2.4 %) increased. Prices rose for coffee (0.8 %), meat preparations (1.7 %), dried, smoked or salted fish (7.3 %). The most significant decrease was for pork (1.7 %) and poultry (1.2 %). Price drop for vegetable oil (4.0 %), fruit and vegetable juices (3.1 %), potatoes (3.3 %) was caused by discounts.

Average level of prices of goods and services related to housing rose by 1.1 %. During the month the most significant price rise in the group was registered for heat energy. Prices of electricity, water supply and sewage collection also went up. In turn, rentals for housing became cheaper.

Within the furnishings group prices rose on average by 2.5 %. Due to the end of sales, increase was recorded in prices of household cleaning and maintenance products. Prices went up for household furniture and dishes.

The average level of health care prices grew by 0.9 %. Growth was registered in prices in medical specialist practice, pharmaceutical products and dental services.

Within the communications group prices rose on average by 2.4 %. Wireless telephone services and internet access services became more expensive.

Goods and services related to recreation and culture became more expensive by 0.8 %. During the month, prices increased for pet food and flowers. In turn, prices of package holidays went down.

Within the miscellaneous goods and services group prices increased by 3.2 %. Affected by the end of sales campaigns, prices of articles for personal hygiene and beauty products went up.

Among other commodity groups, the most notable rise was registered in prices of diesel (1.2 %), restaurant and café services, beer, spare parts and accessories for personal transport equipment, fast food services. In turn, prices of petrol (0.9 %), footwear, hotel services and spirits reduced.

Price changes by commodity group

(as per cent)

Compared to 2015, in November 2022 consumer prices were 41.8 % higher. Prices of goods increased by 44.9 % and prices of services by 31.2 %.

Information on consumer price changes in December 2022 will be published on 11 January 2023.

*The annual inflation reflects consumer price changes, comparing the average price level in the comparison month with the average price level in the corresponding month of the previous year.

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Communication Section
E-mail: media@csp.gov.lv
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More information on data:
Nataļja Dubkova
Consumer Price Indices Section
E-mail: Natalja.Dubkova@csp.gov.lv
Phone: +371 67366644