ADVERTISEMENT

Latvia producer inflation rises further in October

Figures

Photo by Oleksiichik / Shutterstock.com

Producer prices in Latvia climbed 22.4% year-on-year in October from 21.2% in the previous month, a fresh record high rate, figures from the Riga-based Central Statistical Bureau (CSB) showed on Monday.

Main upward pressure came from domestically sold goods (24.2% vs 20.4% in September) while prices on exported goods eased (20.8% vs 21.9%).

Across different industries, prices advanced for electricity, gas, steam, and air conditioning (42.8% vs 31%) and water supply, sewerage, and waste management (18.1% vs 17.7%), while inflation slowed for mining & quarrying (12.7% vs 13.2%) and manufacturing (19.1% vs 19.8%).

On a monthly basis, producer prices surged 1.2%, easing from a 2.8% rise in September. 

Gas Consumption Falls to 4.37 bln Cubic Meters in H1 Energy Trade

Gas Consumption Falls to 4.37 bln Cubic Meters in H1

AgMin Outlines Agricultural Priorities of Hungarian EU Presi... EU

AgMin Outlines Agricultural Priorities of Hungarian EU Presi...

AutoWallis’s Retail Sales See Continued Growth Automotive

AutoWallis’s Retail Sales See Continued Growth

Verzió DocLab Calls for Submissions, Offers HBO Development ... Art

Verzió DocLab Calls for Submissions, Offers HBO Development ...

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.