Inflation Latvia 2000
Average inflation: 2.7%
Current Inflation
Inflation is normal at 2.7%, around the ECB target.
Peak and Trough
The highest inflation was in April at 3.8%. The lowest inflation was in November at 1.6%.
- Highest month
- April: 3.8%
- Lowest month
- November: 1.6%
- Difference
- 2.2 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Communication with an average of 7.9%. The lowest price increase was in Food and non-alcoholic beverages with an average of 0.7%.
- Highest increase
- Communication: 7.9%
- Lowest increase
- Food and non-alcoholic beverages: 0.7%
Historical Context
Current inflation is 4.5% lower than the 5-year average of 7.2%.
- 5-year average
- 7.2%
- 10-year average
- 130.3%
- All-time high (1992)
- 900.2%
- All-time low (1999)
- 2.4%
Trend
Inflation shows a downward trend. Compared to 1999, inflation has fallen by +0.3 percentage point.
- Change vs. previous year
- +0.3 percentage points
- Largest monthly swing
- April: +2.3 percentage points
ECB Target
Inflation is 0.7% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this inflation rate, purchasing power noticeably decreases. Without a salary increase, you can buy less with the same money.
What you could buy for €100 this year will cost approximately €102.70 next year at this inflation rate.
Multi-year trend
Monthly figures 2000
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 1999 |
|---|---|---|
| January | 3.1% | +0.4 |
| February | 3.5% | +0.9 |
| March | 3.2% | +0.9 |
| April | 3.8% | +2.3 |
| May | 3.1% | +1.2 |
| June | 2.4% | +0.5 |
| July | 2.9% | +1.1 |
| August | 2.4% | +0.3 |
| September | 2.2% | -0.1 |
| October | 2.0% | -0.9 |
| November | 1.6% | -1.6 |
| December | 1.8% | -1.4 |
| Average | 2.7% |
Data source
Data from OECD. Last updated: 11/01/2026.