Latvia producer prices rise in August

Figures

Latvia's producer prices increased for the eighth straight month in August, figures from the Riga-based Central Statistical Bureau (CSB) showed on Tuesday.

The producer price index (PPI) rose 18.3% year-on-year in August, following a 15.8% increase in July. Among components, prices for manufacturing rose 18.5% yearly in August and those of water supply grew 17.8%.

Prices for mining and quarrying, and electricity, gas, steam and air conditioning supply gained 8.8% and 18.7%, respectively.

On a monthly basis, producer prices grew 2.2%, easing from 2.8% in July. Domestic market prices rose 2.5% monthly in August and foreign market prices increased by 1.9%.

ADVERTISEMENT

MET Group Launches Solar Parks in Hungary Green Energy

MET Group Launches Solar Parks in Hungary

Gov't to Launch HUF 700 bln Business Credit Scheme  Government

Gov't to Launch HUF 700 bln Business Credit Scheme 

Duna House Boosts Stake in Italian Peer Residential

Duna House Boosts Stake in Italian Peer

Avatar: The Way of Water Breaks Box Office Record in Hungary Art

Avatar: The Way of Water Breaks Box Office Record in Hungary

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.