21 July 2025, 14:07 Euro Zone: Latvia Producer Prices Fall First Time in 5 Months.
Producer prices in Latvia fell by 0.5% year-on-year in June 2025, slipping from a downwardly revised 0.2% rise in the previous month. This marked the first month of producer deflation since January, as costs declined faster for electricity, gas, steam, and air-conditioning supply (-13.3% vs -7.8%), while it slowed for water supply, sewerage, waste management, and remediation activities (9.3% vs 9.7%). On the other hand, prices increased further in the mining and quarrying (8.5% vs 7.5% in May) and manufacturing sector (1.7% vs 1.4%). On a monthly basis, producer prices decreased by 0.5% in June, the fourth month of drop and deepening from a revised 0.1% loss in the preceding period.
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