Inflation Latvia 2000

Average inflation: 2.7%

Inflation in 2000

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

Inflation is 4.5 percentage points 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

Over the period 1998-2000, inflation shows a downward trend. Compared to 1999, inflation has risen by 0.3 percentage points.

Change vs. previous year
+0.3 percentage points
Largest monthly swing
April: +2.3 percentage points

ECB Target

Inflation is 0.7 percentage points 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

Food and non-alcoholic beverages
0.7%
-2.0 vs avg.
Alcoholic beverages, tobacco and narcotics
6.9%
+4.2 vs avg.
Clothing and footwear
1.2%
-1.5 vs avg.
Housing, water, electricity, gas and other fuels
4.4%
+1.7 vs avg.
Furnishings, household equipment and maintenance
1.3%
-1.4 vs avg.
Health
3.1%
+0.4 vs avg.
Transport
5.5%
+2.8 vs avg.
Communication
7.9%
+5.2 vs avg.
Recreation and culture
0.9%
-1.8 vs avg.
Education
2.5%
-0.3 vs avg.
Restaurants and hotels
2.1%
-0.6 vs avg.
Miscellaneous goods and services
2.2%
-0.5 vs avg.

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: 13/01/2026.

See also