Latvia Producer Prices Rise in April

Producer prices in Latvia rose 0.9% year-on-year in April 2026, recovering from a downwardly revised 0.1% decline in the previous month. Costs increased in manufacturing (0.7% vs. 0.2% in March), particularly in textiles (5.3% vs. 4.8%), wood products (2% vs. 0.1%), printing and reproduction of recorded media (3.4% vs. 0.6%), and furniture (1.8% vs. 1.2%). Costs also rose in water supply, sewerage, waste management, and remediation activities (7.5% vs. 6.4%). At the same time, deflation eased in electricity, gas, steam, and air conditioning supply (-1.9% vs. -5.2%). Meanwhile, cost growth slowed in mining and quarrying (15.5% vs. 16.2%). On a monthly basis, producer prices rebounded by 0.6% in April after a downwardly revised 2% decline in the previous period.

Producer prices in Latvia rose by 0.8% year-on-year in March 2026, rebounding from a 0.8% drop in the previous month. Costs increased for water supply, sewerage, waste management, and remediation activities (6.4% vs 6.3% in February). At the same time, deflation eased sharply for electricity, gas, steam, and air-conditioning supply (-0.5% vs -8.8%). In contrast, prices decreased for manufacturing (0.2% vs 0.4%), weighed down by slower growth in the manufacture of wearing apparel (1.1% vs 1.5%), wood and wood products (0.1% vs 1.5%), printing and reproduction of recorded media (0.6% vs 5.2%), electrical equipment (0.3% vs 0.5%), and furniture (1.2% vs 1.5%), while costs also decreased for mining and quarrying (16.2% vs 17.6%). On a monthly basis, producer prices declined by 1.2% in March, reversing a 0.4% gain in the preceding period.

Producer prices in Latvia fell by 0.8% year-on-year in February 2026, following an upwardly revised 2.1% rise in the previous month. This marked the lowest reading since June 2025, as prices remained unchanged in manufacturing (0.4.%), weighed down by slower growth in the manufacture of beverages (3.1% vs 3.2%), basic metals (4.7% vs 6.4%), electrical equipment (0.5% vs 1.3%), and furniture (1.5% vs 1.8%). At the same time, costs declined sharply in electricity, gas, steam, and air-conditioning supply (-8.8% vs 6.1%). Conversely, prices increased in mining and quarrying (17.6% vs 17.4%) and water supply, sewerage, waste management, and remediation activities (6.3% vs 5.1%). On a monthly basis, producer prices grew by 0.4% in February, easing from an upwardly revised 1.5% gain in the preceding period.