Producer Prices in Latvia decreased 1.30 percent in January of 2020 over the same month in the previous year. Latvia Producer Prices Change - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Producer Prices Change in Latvia averaged 4.26 percent from 2005 until 2020, reaching an all time high of 17.70 percent in April of 2007 and a record low of -9.30 percent in August of 2009. This page provides - Latvia Producer Prices Change - actual values, historical data, forecast, chart, statistics, economic calendar and news. source: Central Statistical Bureau of Latvia

Producer Prices Change in Latvia is expected to be 1.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Producer Prices Change in Latvia to stand at 2.50 in 12 months time. In the long-term, the Latvia Producer Prices Change is projected to trend around 2.50 percent in 2021 and 2.40 percent in 2022, according to our econometric models.


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Latvia Producer Prices Change

Actual Previous Highest Lowest Dates Unit Frequency
-1.30 -1.10 17.70 -9.30 2005 - 2020 percent Monthly
2010=100, NSA


Calendar GMT Actual Previous Consensus TEForecast
2019-11-22 11:00 AM Oct -0.2% 0.5% 0.3%
2019-12-20 11:00 AM Nov -0.4% -0.2% 0.4%
2020-01-22 11:00 AM Dec -1.1% -0.4% -0.5%
2020-02-21 11:00 AM Jan -1.3% -1.1% -1.3%
2020-03-20 11:00 AM Feb -1.3%
2020-04-23 10:00 AM Mar 1.3%
2020-05-25 10:00 AM Apr
2020-06-19 10:00 AM May
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
Latvia Producer Prices Fall the Most in Over 3 Years
Latvia's producer prices decreased 1.3 percent from a year earlier in January of 2020, following a 1.1 percent rise in the previous month. It was the steepest decline in producer prices since September 2016, led by manufacturing (-1.4 percent vs -1.8 percent in December); electricity, gas, steam & air conditioning supply (-1.2 percent vs 0.7 percent) and water supply, sewerage, waste management & remediation activities (-0.1 percent vs 3.4 percent). Also, cost slowed markedly for mining & quarrying (0.1 percent vs 1 percent). On a monthly basis, producer prices were flat, after decreasing 0.4 percent in the prior month.
2020-02-21
Latvia Producer Prices Fall the Most since 2016
Latvia's producer prices declined 1.1 percent from a year earlier in December of 2019, following a 0.4 percent drop in the previous month. It was the steepest decrease in producer prices since November 2016, led by manufacturing (-1.8 percent vs -1.2 percent in November). Also, cost slowed for electricity, gas, steam and air conditioning supply (0.7 percent vs 2 percent) and mining & quarrying (1 percent vs 1.2 percent). In contrast, prices rose faster for water supply, sewerage, waste management and remediation activities (3.4 percent vs 3.3 percent). On a monthly basis, producer prices went down 0.4 percent, after decreasing 0.1 percent in the previous month.
2020-01-22
Latvia Producer Prices Fall 2nd Month
Latvia's producer prices fell 0.4 percent year-on-year in November of 2019, following a 0.2 percent drop in the previous month, as manufacturing cost continued to decline (-1.2 percent vs -0.9 percent in October). In addition, electricity, gas, steam and air conditioning supply prices slowed (2.0 percent vs 2.2 percent). On the other hand, water supply, sewerage, waste management and remediation activities cost advanced faster (3.3 percent vs 2.7 percent) while inflation was steady for mining & quarrying (at 1.2 percent). On a monthly basis, producer prices went down 0.1 percent, following a 0.6 percent decrease in October.
2019-12-20
Latvia Producer Prices Fall in October
Latvia's producer prices decreased by 0.2 percent year-on-year in October of 2019 compared to a 0.5 percent increase in September. It marked the first fall in producer prices since December of 2016, as manufacturing cost dropped further (-0.9 percent vs -0.1 percent in September) while prices slowed for electricity, gas, steam & air conditioning supply (2.2 percent vs 2.4 percent) and water supply, sewerage, waste management & remediation activities (2.7 percent vs 4.2 percent). On the other hand, mining & quarrying cost advanced faster (1.2 percent vs 1.0 percent). On a monthly basis, producer prices edged down 0.6 percent, following a 0.3 percent drop in the prior month.
2019-11-22

Latvia Producer Prices Change
Producer prices change refers to year over year change in price of goods and services sold by manufacturers and producers in the wholesale market during a given period.