Latvia producer prices increase in March
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%.
Moody's Affirms Budapest's 'Baa3' Rating
Bulgaria's Household Income, Spending Rise 20% in 2023
Poland Industrial Output Falls, Producer Prices Decline Furt...
Hungary Launches HUF 15 bln Tourism Sector Support Program
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.
