Inflation Latvia 2001
Average inflation: 2.5%
Current Inflation
Inflation is normal at 2.5%, around the ECB target.
Peak and Trough
The highest inflation was in September at 3.6%. The lowest inflation was in February at 0.6%.
- Highest month
- September: 3.6%
- Lowest month
- February: 0.6%
- Difference
- 3.0 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 4.9%. The lowest price increase was in Communication with an average of -3.9%.
- Highest increase
- Food and non-alcoholic beverages: 4.9%
- Lowest increase
- Communication: -3.9%
Historical Context
Current inflation is 1.7% lower than the 5-year average of 4.2%. This approaches the lowest level since records began (2.4% in 1999).
- 5-year average
- 4.2%
- 10-year average
- 117.5%
- All-time high (1992)
- 900.2%
- All-time low (1999)
- 2.4%
Trend
Inflation has remained relatively stable. Compared to 2000, the difference is minimal (-0.2 percentage point).
- Change vs. previous year
- -0.2 percentage points
- Largest monthly swing
- February: -2.9 percentage points
ECB Target
Inflation is 0.5% 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 €102.50 next year at this inflation rate.
Multi-year trend
Monthly figures 2001
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2000 |
|---|---|---|
| January | 1.4% | -1.7 |
| February | 0.6% | -2.9 |
| March | 1.4% | -1.8 |
| April | 1.3% | -2.5 |
| May | 2.6% | -0.5 |
| June | 3.0% | +0.6 |
| July | 3.1% | +0.2 |
| August | 3.0% | +0.6 |
| September | 3.6% | +1.4 |
| October | 3.3% | +1.3 |
| November | 3.1% | +1.5 |
| December | 3.2% | +1.4 |
| Average | 2.5% |
Data source
Data from OECD. Last updated: 11/01/2026.