Inflation Latvia 2013

Average inflation: 0.0%

Current Inflation

Inflation is very low at 0.0%, well below the ECB target.

Peak and Trough

The highest inflation was in January at 0.6%. The lowest inflation was in April at -0.4%.

Highest month
January: 0.6%
Lowest month
April: -0.4%
Difference
1.0 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Miscellaneous goods and services with an average of 1.8%. The lowest price increase was in Communication with an average of -5.7%.

Highest increase
Miscellaneous goods and services: 1.8%
Lowest increase
Communication: -5.7%

Historical Context

Current inflation is 1.8% lower than the 5-year average of 1.8%.

5-year average
1.8%
10-year average
5.4%
All-time high (1994)
36.1%
All-time low (2010)
-1.1%

Trend

Inflation shows a downward trend. Compared to 2012, inflation has fallen by +2.3 percentage point.

Change vs. previous year
-2.3 percentage points
Largest monthly swing
April: -3.2 percentage points

ECB Target

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

Purchasing Power

At this inflation rate, purchasing power gradually decreases. The impact on daily expenses is relatively limited.

What you could buy for €100 this year will cost approximately €100.00 next year at this inflation rate.

Multi-year trend

Monthly figures 2013

Inflation by category

Food and non-alcoholic beverages
1.3%
+1.3vs avg.
More details →
Alcoholic beverages, tobacco and narcotics
1.6%
+1.6vs avg.
More details →
Clothing and footwear
-0.2%
-0.2vs avg.
More details →
Housing, water, electricity, gas and other fuels
-0.0%
-0.0vs avg.
More details →
Furnishings, household equipment and maintenance
-0.4%
-0.4vs avg.
More details →
Health
1.3%
+1.3vs avg.
More details →
Transport
-2.6%
-2.6vs avg.
More details →
Communication
-5.7%
-5.7vs avg.
More details →
Recreation and culture
-0.5%
-0.5vs avg.
More details →
Education
-0.7%
-0.7vs avg.
More details →
Restaurants and hotels
1.0%
+1.0vs avg.
More details →
Miscellaneous goods and services
1.8%
+1.8vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 2012
January 0.6% -3.0
February 0.3% -3.1
March 0.2% -3.1
April -0.4% -3.2
May -0.1% -2.3
June 0.2% -1.7
July 0.3% -1.4
August -0.2% -1.9
September -0.4% -2.2
October 0.0% -1.6
November -0.4% -2.0
December -0.4% -2.0
Average 0.0%

Data source

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

See also