Inflation Latvia 1992
Average inflation: 900.2%
Current Inflation
Inflation is very high at 900.2%, far above the ECB target.
Peak and Trough
The highest inflation was in November at 1445.3%. The lowest inflation was in January at 361.6%.
- Highest month
- November: 1445.3%
- Lowest month
- January: 361.6%
- Difference
- 1083.7 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food and non-alcoholic beverages with an average of 791.4%. The lowest price increase was in Food and non-alcoholic beverages with an average of 791.4%.
- Highest increase
- Food and non-alcoholic beverages: 791.4%
- Lowest increase
- Food and non-alcoholic beverages: 791.4%
Historical Context
Current inflation is around the 5-year average of 900.2%. This approaches the highest level since records began (900.2% in 1992).
- 5-year average
- 900.2%
- 10-year average
- 900.2%
- All-time high (1992)
- 900.2%
- All-time low (1992)
- 900.2%
Trend
ECB Target
Inflation is 898.2% 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 €1000.20 next year at this inflation rate.
Multi-year trend
Monthly figures 1992
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation |
|---|---|
| January | 361.6% |
| February | 502.4% |
| March | 660.2% |
| April | 635.6% |
| May | 716.5% |
| June | 815.1% |
| July | 975.0% |
| August | 1137.6% |
| September | 1181.4% |
| October | 1412.8% |
| November | 1445.3% |
| December | 959.0% |
| Average | 900.2% |
Data source
Data from OECD. Last updated: 17/12/2025.