Producer price inflation in Latvia ticked up to 30.2 percent year-on-year in July of 2022, from 30.1 percent in the prior month, as costs accelerated further for electricity, gas, steam and air conditioning supply (98.6 percent vs 87.2 percent in June). Meanwhile, prices slowed down for manufacturing (18.7 percent vs 20.6 percent) and water supply, sewerage, and waste management (20.3 percent vs 23.7 percent). At the same time, inflation was steady for mining & quarrying (at 20.3 percent). On a monthly basis, producer prices rose by 2.3 percent, after increasing 2 percent in the previous month. source: Central Statistical Bureau of Latvia
Producer Prices Change in Latvia averaged 5.26 percent from 2005 until 2022, reaching an all time high of 32.30 percent in May 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 August of 2022.
Producer Prices Change in Latvia is expected to be 5.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Latvia Producer Prices Change is projected to trend around 4.00 percent in 2023, according to our econometric models.