The annual producer inflation in Latvia eased further to a near two-year low of 11.3% in April 2023, from a downwardly revised 15.8% in the previous month. Costs slowed down mostly for manufacturing (3.4% vs 9.7% in March) and mining & quarrying (17.6% vs 21.4%), and, to a lesser extent, for water supply, sewerage, waste management and remediation activities (14% vs 14.1%). Conversely, costs climbed further for electricity, gas, steam and air conditioning supply (41% vs 35.8%). On a monthly basis, producer prices decreased by 1.4% in April, the same pace as in the prior month. source: Central Statistical Bureau of Latvia
Producer Prices Change in Latvia averaged 5.63 percent from 2001 until 2023, reaching an all time high of 37.70 percent in August of 2022 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. Latvia Producer Prices Change - data, historical chart, forecasts and calendar of releases - was last updated on June of 2023.
Producer Prices Change in Latvia is expected to be 11.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations.