Inflation Liechtenstein 2023

Average inflation: 6.4%

Current Inflation

Inflation is very high at 6.4%, far above the ECB target.

Peak and Trough

The highest inflation was in March at 7.0%. The lowest inflation was in September at 5.2%.

Highest month
March: 7.0%
Lowest month
September: 5.2%
Difference
1.8 percentage points
Months with data
4 of 12

Historical Context

Current inflation is around the 5-year average of 6.2%.

5-year average
6.2%
10-year average
5.5%
All-time high (2008)
10.7%
All-time low (2009)
-16.6%

Trend

Inflation has remained relatively stable. Compared to 2022, the difference is minimal (-1.9 percentage point).

Change vs. previous year
-1.9 percentage points
Largest monthly swing
September: -4.3 percentage points

ECB Target

Inflation is 4.4% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.

Purchasing Power

At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.

What you could buy for €100 this year will cost approximately €106.40 next year at this inflation rate.

Multi-year trend

Monthly figures 2023

Month overview

Month Inflation Difference vs. 2022
March 7.0% -0.4
June 6.4% -1.6
September 5.2% -4.3
December 6.8% -1.4
Average 6.4%

Data source

Data from WorldBank. Last updated: 06/01/2026.

See also