Milk is more expensive in Latvia than in Finland, and vegetable oils are almost the most expensive in Europe. The general level of food prices in Latvia is close to the EU average, but some categories stand out very much. Vegetable oils and fats are the second most expensive in Europe after Switzerland. Also at leaders in the prices of milk and soft drinks. The reason lies in the lack of retail competition, since for years the market was divided only by two companies Rimi and Maxima, the situation with pricing is difficult in neighboring Lithuania, where food products were cheaper than in Latvia. However, inflation has recently slowed and the price gap between neighboring countries has narrowed.

Milk is more expensive in Latvia than in Finland, and vegetable oils are almost the most expensive in Europe. The general level of food prices in Latvia is close to the EU average, but some categories stand out very much. Vegetable oils and fats are the second most expensive in Europe after Switzerland. Also at leaders in the prices of milk and soft drinks. The reason lies in the lack of retail competition, since for years the market was divided only by two companies Rimi and Maxima, the situation with pricing is difficult in neighboring Lithuania, where food products were cheaper than in Latvia. However, inflation has recently slowed and the price gap between neighboring countries has narrowed.