ADVERTISEMENT

Latvia producer prices increase in March 

Figures

Photo by Oleksiichik / Shutterstock.com

Latvia's producer price inflation increased in March after easing in the previous month, figures from the Riga-based Central Statistical Bureau (CSB) showed on Monday.

The producer price index (PPI) grew 27.2% year-on-year in March, following a 25.1% increase in February.

In January, prices had climbed 27%. Among components, prices for manufacturing grew 19.7% yearly in March and those for water supply gained 31.9%.

Prices for mining and quarrying, and electricity, gas, steam and air conditioning supply rose by 16.2% and 68.8%, respectively.

On a month-on-month comparison basis, producer prices rose 3% in March.

Domestic market prices gained 4.4% monthly in March and foreign market prices rose 1.8%.

ADVERTISEMENT

EBRD puts Hungary GDP growth at 3.5% in 2022 Analysis

EBRD puts Hungary GDP growth at 3.5% in 2022

Parl't elects Orbán prime minister Parliament

Parl't elects Orbán prime minister

New managing director at LG Electronics Hungary Appointments

New managing director at LG Electronics Hungary

Hungary Grande Partenza 'exceeded all expectations' - gov't ... City

Hungary Grande Partenza 'exceeded all expectations' - gov't ...

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.