Producer prices in Latvia climbed 21.2 percent year-on-year in September of 2021 from 18.3 percent in the previous month, a fresh record high rate. Producer inflation was pushed up by both exported goods (21.9 percent vs 20.4 percent in August), and domestically sold goods (20.4 percent vs 15.9 percent). Across different industries, prices advanced for electricity, gas, steam and air conditioning (31 percent vs18.7 percent in August), manufacturing (19.8 percent vs 18.5 percent), and mining & quarrying (13.2 percent vs 8.8 percent), while inflation slightly slowed for water supply, sewerage, and waste management (17.7 percent vs 17.8 percent). On a monthly basis, Producer prices surged 2.8 percent, following a 2.2 percent gain. source: Central Statistical Bureau of Latvia

Producer Prices Change in Latvia averaged 4.16 percent from 2005 until 2021, reaching an all time high of 21.20 percent in September of 2021 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 October of 2021.

Producer Prices Change in Latvia is expected to be 16.30 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 4.30 percent in 2022 and 4.00 percent in 2023, according to our econometric models.

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Latvia Producer Prices Change


Calendar GMT Actual Previous Consensus TEForecast
2021-09-21 10:00 AM Aug 18.3% 15.8% 16%
2021-10-21 10:00 AM Sep 21.2% 18.3% 20.5%
2021-11-22 11:00 AM Oct 21.2% 22%
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
Latvia Producer Prices Rise at Fresh All-Time High
Producer prices in Latvia climbed 21.2 percent year-on-year in September of 2021 from 18.3 percent in the previous month, a fresh record high rate. Producer inflation was pushed up by both exported goods (21.9 percent vs 20.4 percent in August), and domestically sold goods (20.4 percent vs 15.9 percent). Across different industries, prices advanced for electricity, gas, steam and air conditioning (31 percent vs18.7 percent in August), manufacturing (19.8 percent vs 18.5 percent), and mining & quarrying (13.2 percent vs 8.8 percent), while inflation slightly slowed for water supply, sewerage, and waste management (17.7 percent vs 17.8 percent). On a monthly basis, Producer prices surged 2.8 percent, following a 2.2 percent gain.
2021-10-21
Latvia Producer Inflation at Fresh Record
Producer prices in Latvia surged 18.3 percent year-on-year in August of 2021 from 15.8 percent in the previous month, the highest reading ever recorded. Producer inflation was driven by both exported goods (20.4 percent vs 18.3 percent in July) and domestically sold goods (15.9 percent vs 13 percent). Across different industries, prices accelerated for electricity, gas, steam and air conditioning (18.7 percent vs 11.6 percent), manufacturing (18.5 percent vs 16.8 percent), and mining and quarrying (8.8 percent vs 6 percent), while inflation slowed for water supply, sewerage, and waste management (17.8 percent vs 19.1 percent). On a monthly basis, producer prices grew 2.2 percent, easing from 2.8 percent in July.
2021-09-21
Latvia Producer Inflation at Near 13-Year High
Producer prices in Latvia accelerated 12.4 percent year-on-year in June of 2021, following a 8.3 percent increase in the previous month. It was the highest jump in producer prices since September of 2008, as prices advanced at a faster pace both for exports (15.0 percent vs 10.0 percent in May) and domestically sold products (9.4 percent vs 9.3 percent). Across industry sectors, producer inflation rose faster in all categories: manufacturing (13.6 percent vs 9.3 percent); water supply (17.8 percent vs 14.9 percent); electricity, gas, steam & air conditioning supply (6.1 percent vs 1.9 percent); and mining & quarrying (5.9 percent vs 3.6 percent). On a monthly basis, producer prices grew 3.8 percent, after a 2.1 percent vs gain in May.
2021-07-21

Latvia Last Unit Reference Previous Highest Lowest
Inflation Rate 4.80 percent Sep/21 3.70 17.70 -4.30
Inflation Rate Mom 1.10 percent Sep/21 0.40 3.50 -1.10
Consumer Price Index CPI 113.90 points Sep/21 112.70 113.90 22.60
GDP Deflator 1.15 percent Jun/21 1.15 1.15 0.37
Producer Prices 126.50 points Sep/21 123.10 126.50 50.90
Producer Prices Change 21.20 percent Sep/21 18.30 21.20 -9.30
Export Prices 121.30 points Aug/21 120.00 121.30 43.70
Import Prices 106.70 points Aug/21 105.00 106.70 52.40
Food Inflation 3.80 percent Sep/21 2.20 21.60 -7.80
CPI Transportation 110.90 points Sep/21 111.10 111.60 55.30
CPI Housing Utilities 114.20 points Sep/21 110.70 114.20 35.10


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.