21 August 2026, 19:29 Latvia: Producer Inflation Rises Further.
Producer prices in Latvia rose 3.5% year-on-year in July 2026 from a 3.3% increase in the previous month, reaching the highest level since February 2025. The accelerationg was mainly due to higher inflation in manufacturing (1.9% vs 1%), reflecting a higher pace in price growth for the manufacture of beverages (3.5% vs 2.1%), wood products (4% vs 0.9%), printing and recorded media (5.9% vs 4.8%), chemicals (7.4% vs 5.9%), basic metals (7% vs 6.5%), furniture (2.15 vs 1.7%), machinery and equipment (2.3% vs 0.6%) . Additional upward pressure came from stronger inflation for water supply, sewerage, waste management and remediation activities (8.7% vs 7.9%). In contrast, inflation slowed for electricity, gas, steam and air conditioning supply (9.1% vs 12.2%) and mining and quarrying (7.8% vs 8.9%). On a monthly basis, producer prices edged up 0.1%, slowing from a 0.5% increase in the prior month.
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