Inflation Latvia 2012
Average inflation: 2.3%
Current Inflation
Inflation is normal at 2.3%, around the ECB target.
Peak and Trough
The highest inflation was in January at 3.6%. The lowest inflation was in October at 1.6%.
- Highest month
- January: 3.6%
- Lowest month
- October: 1.6%
- Difference
- 2.0 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Housing, water, electricity, gas and other fuels with an average of 6.9%. The lowest price increase was in Communication with an average of -2.8%.
- Highest increase
- Housing, water, electricity, gas and other fuels: 6.9%
- Lowest increase
- Communication: -2.8%
Historical Context
Current inflation is 2.6% lower than the 5-year average of 4.9%.
- 5-year average
- 4.9%
- 10-year average
- 5.7%
- All-time high (1993)
- 175.5%
- All-time low (2010)
- -1.1%
Trend
Inflation shows an upward trend. Compared to 2011, inflation has risen by -2.1 percentage point.
- Change vs. previous year
- -2.1 percentage points
- Largest monthly swing
- August: -3.0 percentage points
ECB Target
Inflation is close to the ECB target of 2.0%.
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 €102.30 next year at this inflation rate.
Multi-year trend
Monthly figures 2012
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2011 |
|---|---|---|
| January | 3.6% | -0.1 |
| February | 3.4% | -0.6 |
| March | 3.3% | -0.9 |
| April | 2.8% | -1.7 |
| May | 2.2% | -2.8 |
| June | 1.9% | -2.9 |
| July | 1.7% | -2.6 |
| August | 1.7% | -3.0 |
| September | 1.8% | -2.8 |
| October | 1.6% | -2.8 |
| November | 1.6% | -2.6 |
| December | 1.6% | -2.4 |
| Average | 2.3% |
Data source
Data from OECD. Last updated: 11/01/2026.