Producer Prices in Latvia
Latvia - Producer Prices
Inflation moderates in June
Consumer prices rose 0.4% from the previous month in June, up from May’s 0.2% increase. According to a breakdown of the sub-components provided by Latvia’s Central Statistical Bureau, 8 of the total 12 saw a rise in prices led by miscellaneous goods and services, and alcohol and tobacco, which more than offset lower prices for clothing and footwear. Notably, food prices remained unchanged from the previous month in June.
Inflation moderated from 3.3% in May to 3.0% in June. Meanwhile, annual average inflation remained stable at May’s near seven-year high of 3.0% in June. Lastly, harmonized inflation fell from an over seven-year high of 3.5% in May to 3.1% in June.
FocusEconomics panelists see harmonized inflation averaging 2.7% in 2019, unchanged from the previous month’s forecast, and 2.4% in 2020.
Latvia - Producer Prices Data
| 2013 | 2014 | 2015 | 2016 | 2017 | |
|---|---|---|---|---|---|
| Inflation (PPI, annual variation in %) | 1.5 | 0.4 | -0.9 | -2.4 | 2.6 |
Latvia Facts
| Value | Change | Date | |
|---|---|---|---|
| Bond Yield | 0.55 | 0.0 % | Jun 30 |
| Exchange Rate | 1.13 | 0.65 % | Jul 11 |
| Stock Market | 1,024 | 0.17 % | Jul 11 |
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Economic News
Latvia: Inflation moderates in June
July 15, 2019
Consumer prices rose 0.4% from the previous month in June, up from May’s 0.2% increase.
Latvia: Industrial output rebounds in May
July 4, 2019
Industrial output rose 1.7% in working day-adjusted year-on-year terms in May, contrasting April’s 2.4% contraction.
Latvia: Industrial output tumbles in April
June 4, 2019
Industrial output dipped 2.4% in working day-adjusted year-on-year terms in April, contrasting March’s 1.5% increase.
Latvia: Growth sinks to an over two-year low in Q1
May 31, 2019
A second reading of national accounts data revealed that the economy grew at a slightly faster pace than previously estimated in the first quarter of the year.
Latvia: Industrial output rebounds in March
May 7, 2019
Industrial output increased 1.5% in working day-adjusted year-on-year terms in March, contrasting February’s 3.2% fall, which had marked the worst result in over five years.
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