Producer prices in Latvia fell by 0.6% year-on-year in July 2025, following a downwardly revised 0.8% decline in the previous month. This marked the second consecutive month of producer deflation, driven by slower cost growth in water supply, sewerage, waste management, and remediation activities (8.8% vs 9.3% in June) and in the manufacturing sector (1.6% vs 1.7%), as well as a smaller decline in electricity, gas, steam, and air-conditioning supply (-13.1% vs -14.7%). In contrast, costs rose faster in mining and quarrying (9.6% vs 8.5%). On a monthly basis, producer prices fell 0.1% in July, marking the fifth straight monthly decline and easing from a revised 0.8% drop in June. source: Central Statistical Bureau of Latvia

Producer Prices in Latvia decreased 0.60 percent in July of 2025 over the same month in the previous year. Producer Prices Change in Latvia averaged 4.82 percent from 2001 until 2025, reaching an all time high of 37.70 percent in August of 2022 and a record low of -11.40 percent in December of 2023. This page provides - Latvia Producer Prices Change - actual values, historical data, forecast, chart, statistics, economic calendar and news. Latvia Producer Prices Change - data, historical chart, forecasts and calendar of releases - was last updated on September of 2025.

Producer Prices in Latvia decreased 0.60 percent in July of 2025 over the same month in the previous year. Producer Prices Change in Latvia is expected to be 1.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Latvia Producer Prices Change is projected to trend around 1.70 percent in 2026 and 2.00 percent in 2027, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2025-07-21 10:00 AM
PPI YoY
Jun -0.5% 0.2% -0.1%
2025-08-21 10:00 AM
PPI YoY
Jul -0.6% -0.8% -0.5%
2025-09-19 10:00 AM
PPI YoY
Aug -0.6%

Components Last Previous Unit Reference
Inflation Rate YoY 3.80 3.80 percent Jul 2025

Related Last Previous Unit Reference
CPI 151.80 151.60 points Jul 2025
CPI Housing Utilities 158.80 158.40 points Jul 2025
CPI Transportation 134.10 131.60 points Jul 2025
Export Prices 113.40 113.80 points Jun 2025
Food Inflation 6.90 6.30 percent Jul 2025
GDP Deflator 127.53 124.85 points Jun 2025
Import Prices 107.20 108.10 points Jun 2025
Inflation Rate MoM 0.10 0.10 percent Jul 2025
Producer Prices 126.40 126.50 points Jul 2025
PPI YoY -0.60 -0.80 percent Jul 2025

Latvia Producer Prices Change
Producer prices change refers to year over year change in price of goods and services sold by manufacturers and producers in the wholesale market during a given period.
Actual Previous Highest Lowest Dates Unit Frequency
-0.60 -0.80 37.70 -11.40 2001 - 2025 percent Monthly
2021=100, NSA

News Stream
Latvia Producer Prices Fall for Two Consecutive Months
Producer prices in Latvia fell by 0.6% year-on-year in July 2025, following a downwardly revised 0.8% decline in the previous month. This marked the second consecutive month of producer deflation, driven by slower cost growth in water supply, sewerage, waste management, and remediation activities (8.8% vs 9.3% in June) and in the manufacturing sector (1.6% vs 1.7%), as well as a smaller decline in electricity, gas, steam, and air-conditioning supply (-13.1% vs -14.7%). In contrast, costs rose faster in mining and quarrying (9.6% vs 8.5%). On a monthly basis, producer prices fell 0.1% in July, marking the fifth straight monthly decline and easing from a revised 0.8% drop in June.
2025-08-21
Latvia Producer Prices Fall First Time in 5 Months
Producer prices in Latvia fell by 0.5% year-on-year in June 2025, slipping from a downwardly revised 0.2% rise in the previous month. This marked the first month of producer deflation since January, as costs declined faster for electricity, gas, steam, and air-conditioning supply (-13.3% vs -7.8%), while it slowed for water supply, sewerage, waste management, and remediation activities (9.3% vs 9.7%). On the other hand, prices increased further in the mining and quarrying (8.5% vs 7.5% in May) and manufacturing sector (1.7% vs 1.4%). On a monthly basis, producer prices decreased by 0.5% in June, the fourth month of drop and deepening from a revised 0.1% loss in the preceding period.
2025-07-21
Latvia Producer Inflation Ease to 4-Month Low
Producer inflation in Latvia rose by 0.4% year-on-year in May 2025, slowing from a downwardly revised 0.7% gain in the previous month. This marked the lowest reading since the deflation in January, as prices moderated for mining and quarrying (7.5% vs 8.3% in April) and water supply, sewerage, waste management, and remediation activities (9.7% vs 10%). In addition, deflation deepened for electricity, gas, steam, and air-conditioning supply (-6.7% vs -4.4%). Meanwhile, costs edged higher for manufacturing (1.4% vs 1.2%). On a monthly basis, producer prices rose 0.1% in May 2025, rebounding from an upwardly revised 0.3% fall in the preceding month.
2025-06-20