Inflation Latvia 2009
Average inflation: 3.6%
Current Inflation
Inflation is high at 3.6%, well above the ECB target.
Peak and Trough
The highest inflation was in January at 9.8%. The lowest inflation was in November at -1.2%.
- Highest month
- January: 9.8%
- Lowest month
- November: -1.2%
- Difference
- 11.0 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Alcoholic beverages, tobacco and narcotics with an average of 19.6%. The lowest price increase was in Clothing and footwear with an average of -5.2%.
- Highest increase
- Alcoholic beverages, tobacco and narcotics: 19.6%
- Lowest increase
- Clothing and footwear: -5.2%
Historical Context
Current inflation is 4.9% lower than the 5-year average of 8.5%.
- 5-year average
- 8.5%
- 10-year average
- 5.9%
- All-time high (1992)
- 900.2%
- All-time low (2002)
- 1.9%
Trend
Inflation shows a downward trend. Compared to 2008, inflation has fallen by +11.9 percentage point.
- Change vs. previous year
- -11.9 percentage points
- Largest monthly swing
- October: -14.7 percentage points
ECB Target
Inflation is 1.6% 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 €103.60 next year at this inflation rate.
Multi-year trend
Monthly figures 2009
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2008 |
|---|---|---|
| January | 9.8% | -6.0 |
| February | 9.6% | -7.1 |
| March | 8.2% | -8.6 |
| April | 6.2% | -11.3 |
| May | 4.7% | -13.2 |
| June | 3.4% | -14.3 |
| July | 2.5% | -14.2 |
| August | 1.8% | -13.9 |
| September | 0.5% | -14.4 |
| October | -0.9% | -14.7 |
| November | -1.2% | -13.0 |
| December | -1.2% | -11.7 |
| Average | 3.6% |
Data source
Data from OECD. Last updated: 11/01/2026.