Inflation Latvia 1995
Average inflation: 25.0%
Current Inflation
Inflation is very high at 25.0%, far above the ECB target.
Peak and Trough
The highest inflation was in May at 27.2%. The lowest inflation was in August at 22.7%.
- Highest month
- May: 27.2%
- Lowest month
- August: 22.7%
- Difference
- 4.5 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 16.2%. The lowest price increase was in Food and non-alcoholic beverages with an average of 16.2%.
- Highest increase
- Food and non-alcoholic beverages: 16.2%
- Lowest increase
- Food and non-alcoholic beverages: 16.2%
Historical Context
Current inflation is 259.2% lower than the 5-year average of 284.2%. This approaches the lowest level since records began (25.0% in 1995).
- 5-year average
- 284.2%
- 10-year average
- 284.2%
- All-time high (1992)
- 900.2%
- All-time low (1995)
- 25%
Trend
Inflation shows a downward trend. Compared to 1994, inflation has fallen by +11.1 percentage point.
- Change vs. previous year
- -11.1 percentage points
- Largest monthly swing
- August: -20.4 percentage points
ECB Target
Inflation is 23.0% 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 €125.00 next year at this inflation rate.
Multi-year trend
Monthly figures 1995
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 1994 |
|---|---|---|
| January | 25.9% | -8.5 |
| February | 25.6% | -9.4 |
| March | 26.6% | -7.7 |
| April | 25.7% | -11.7 |
| May | 27.2% | -10.8 |
| June | 26.5% | -11.2 |
| July | 25.4% | -12.7 |
| August | 22.7% | -20.4 |
| September | 23.7% | -18.0 |
| October | 24.0% | -14.2 |
| November | 24.0% | -5.6 |
| December | 23.1% | -3.2 |
| Average | 25.0% |
Data source
Data from OECD. Last updated: 17/12/2025.