Latvia's producer price inflation slowed for the fifth consecutive month in June, data released by Statistics Latvia showed Friday.
The producer price index increased 2.3 percent annually in June, following the previous month's 2.6 percent gain. The rate of growth slowed for the fifth consecutive month.
Costs of electricity, gas, steam and air conditioning supply advanced 4 percent annually in June. Mining and quarrying prices were higher by 7.9 percent compared to last year, and manufacturing prices by 1.6 percent.
Prices of goods sold on the domestic market grew by 2.9 percent, whereas prices of exported products rose by 1.5 percent during the month, data showed.
Month-on-month, producer prices moved up 0.2 percent in June, recovering from the previous month's 0.4 percent decrease, the agency said.
For comments and feedback contact: editorial@rttnews.com
Economic News
What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.