Inflation Rate (CPI): Liechtenstein

Analysis# Liechtenstein Inflation Rate (CPI) Liechtenstein's inflation rate stands at 0.6% in 2026, reflecting a broadly stable price environment. The country has experienced modest inflation over the past three decades, with its all-time peak of 2.8% occurring in 2022 during the global post-pandemic surge. The lowest recorded rate reached -1.1% in 2015, marking a brief deflationary period. Since 2001, the long-term trajectory shows a 40% decline in the inflation rate, indicating persistent downward pressure on price growth over the 25-year span. The most significant disruption came in 2022 when inflation surged to 2.8%, driven by international supply chain pressures and energy costs. Since that peak, Liechtenstein has experienced a sharp disinflation, declining to 2.1% in 2023, 1.1% in 2024, and 0.1% in 2025. The modest recovery to 0.6% in 2026 suggests stabilization rather than renewed inflationary pressure, positioning the principality among Europe's lower-inflation economies.