Current inflation Liechtenstein 6.8%

December 2023

Current Inflation

Inflation is very high at 6.8%, far above the ECB target.

Historical Context

Inflation is 0.6 percentage points higher than the 5-year average of 6.2%.

5-year average
6.2%
10-year average
5.5%
All-time high (2002)
33.8%
All-time low (2009)
-16.6%

Trend

Over the period 2021-2023, inflation has remained relatively stable. Compared to 2022, average inflation in 2023 through December has fallen by 1.9 percentage points.

ECB Target

Inflation is 4.8 percentage points 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 CHF 100 this year will cost approximately CHF 106.80 next year at this inflation rate.

Last 12 months

5-year trend

Statistics

Average 2023 through December
6.4%
Last year
8.3%
5-year average
6.2%
All-time high (2002)
33.8%