Inflation Latvia 2015
Average inflation: 0.2%
Current Inflation
Inflation is very low at 0.2%, well below the ECB target.
Peak and Trough
The highest inflation was in May at 1.2%. The lowest inflation was in September at -0.5%.
- Highest month
- May: 1.2%
- Lowest month
- September: -0.5%
- Difference
- 1.7 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 3.5%. The lowest price increase was in Transport with an average of -4.7%.
- Highest increase
- Housing, water, electricity, gas and other fuels: 3.5%
- Lowest increase
- Transport: -4.7%
Historical Context
Current inflation is 1.3% lower than the 5-year average of 1.5%.
- 5-year average
- 1.5%
- 10-year average
- 4.2%
- All-time high (1996)
- 17.7%
- All-time low (2010)
- -1.1%
Trend
Inflation has remained relatively stable. Compared to 2014, the difference is minimal (-0.4 percentage point).
- Change vs. previous year
- -0.4 percentage points
- Largest monthly swing
- September: -1.5 percentage points
ECB Target
Inflation is 1.8% 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 €100.20 next year at this inflation rate.
Multi-year trend
Monthly figures 2015
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2014 |
|---|---|---|
| January | -0.4% | -0.8 |
| February | -0.1% | -0.6 |
| March | 0.4% | +0.1 |
| April | 0.5% | -0.2 |
| May | 1.2% | +0.6 |
| June | 0.6% | -0.1 |
| July | 0.0% | -0.6 |
| August | 0.1% | -0.7 |
| September | -0.5% | -1.5 |
| October | -0.2% | -0.9 |
| November | 0.0% | -0.9 |
| December | 0.3% | +0.1 |
| Average | 0.2% |
Data source
Data from OECD. Last updated: 11/01/2026.