EconomyPublished: 4 August 2026 at 14:49

PTAC: Prices of milk, eggs, bread and poultry fell more than expected after VAT cut

Latvia's Consumer Rights Protection Centre (PTAC) says prices for several staple foods dropped more than anticipated following the introduction of a 12% VAT rate, and most retailers are applying the new rules correctly.

The Consumer Rights Protection Centre (PTAC) has reported that prices for certain food products have fallen more sharply than expected after the introduction of the reduced 12% value-added tax (VAT) rate. The agency said the majority of traders are correctly applying the new regulation.

According to PTAC, the prices of milk, eggs, bread and poultry decreased even more than was forecast. The centre made this assessment public after reviewing the situation in retail chains.

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