Inflation Latvia 2010

Average inflation: -1.1%

Current Inflation

There is deflation with consumer prices declining by 1.1%.

Peak and Trough

The highest inflation was in December at 2.5%. The lowest inflation was in February at -4.2%.

Highest month
December: 2.5%
Lowest month
February: -4.2%
Difference
6.7 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Education with an average of 5.2%. The lowest price increase was in Clothing and footwear with an average of -5.9%.

Highest increase
Education: 5.2%
Lowest increase
Clothing and footwear: -5.9%

Historical Context

Current inflation is 8.0% lower than the 5-year average of 6.9%.

5-year average
6.9%
10-year average
5.5%
All-time high (1992)
900.2%
All-time low (2010)
-1.1%

Trend

Inflation shows a downward trend. Compared to 2009, inflation has fallen by +4.7 percentage point.

Change vs. previous year
-4.7 percentage points
Largest monthly swing
February: -13.8 percentage points

ECB Target

Inflation is 3.1% below the ECB target of 2.0%. Too low inflation may indicate economic weakness.

Purchasing Power

Due to deflation, purchasing power increases. Money becomes more valuable instead of less.

What you could buy for €100 this year will cost approximately €98.90 next year at this inflation rate.

Multi-year trend

Monthly figures 2010

Inflation by category

Food and non-alcoholic beverages
-0.1%
+1.0vs avg.
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Alcoholic beverages, tobacco and narcotics
3.0%
+4.1vs avg.
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Clothing and footwear
-5.9%
-4.8vs avg.
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Housing, water, electricity, gas and other fuels
-1.9%
-0.8vs avg.
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Furnishings, household equipment and maintenance
-5.0%
-3.9vs avg.
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Health
0.3%
+1.4vs avg.
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Transport
4.1%
+5.2vs avg.
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Communication
-4.7%
-3.6vs avg.
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Recreation and culture
-4.5%
-3.4vs avg.
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Education
5.2%
+6.3vs avg.
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Restaurants and hotels
-5.8%
-4.7vs avg.
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Miscellaneous goods and services
-3.8%
-2.7vs avg.
More details →

Inflation differs per product group. Click on a category for the historical trend.

Month overview

Month Inflation Difference vs. 2009
January -3.1% -12.9
February -4.2% -13.8
March -3.9% -12.1
April -2.7% -8.9
May -2.3% -7.0
June -1.4% -4.8
July -0.6% -3.1
August -0.3% -2.1
September 0.4% -0.1
October 1.0% +1.9
November 1.9% +3.1
December 2.5% +3.7
Average -1.1%

Data source

Data from OECD. Last updated: 11/01/2026.

See also