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Saturday, 20.04.2024, 05:38
In June, level of producer prices in Latvian industry increased by 0.4%
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Over a month, changes of producer prices were mostly affected by price rise in electricity and air conditioning, in the manufacture of basic pharmaceutical products and pharmaceutical preparations, as well as in the manufacture of spirits.
In June 2015, compared to June 2014, the average level of producer prices fell by 0.3%.The prices of goods sold on the domestic market reduced by 0.5%, whereas level of prices of exported products did not change. The most significant price drop was in the manufacture of food products (by 0.7 percentage points) and in the manufacture of wood and of products of wood, except furniture (by 0.4 percentage points).
Producer price changes in June 2015, as %
|
|
Weights (%) |
Price changes (%) June 2015 compared to |
||
|
May 2015 |
June 2014 |
|||
|
Total industrial production |
100.0 |
0.4 |
-0.3 |
|
|
|
Mining and quarrying |
2.1 |
1.5 |
4.1 |
|
|
Manufacturing |
74.3 |
0.2 |
-0.8 |
|
|
Electricity, gas, steam and air conditioning supply |
20.2 |
0.9 |
0.5 |
|
|
Water supply; sewerage, waste management and remediation activities |
3.4 |
1.1 |
4.5 |
|
Products sold on the domestic market |
100.0 |
0.2 |
-0.5 |
|
|
|
Mining and quarrying |
1.6 |
-0.3 |
-0.1 |
|
|
Manufacturing |
55.9 |
-0.4 |
-1.9 |
|
|
Electricity, gas, steam and air conditioning supply |
36.9 |
1.0 |
0.7 |
|
|
Water supply; sewerage, waste management and remediation activities |
5.6 |
0.7 |
5.2 |
|
Exported products |
100.0 |
0.7 |
0.0 |
|
|
|
of which: |
|
|
|
|
|
mining and quarrying |
2.7 |
2.6 |
6.8 |
|
|
manufacturing |
94.5 |
0.6 |
-0.2 |
|
|
water supply, sewerage, waste management and remediation activities |
0.9 |
4.4 |
-0.1 |
 |
| Producer price changes over the corresponding month of the previous year, as % |
This year data on producer prices are provided by more than 640 enterprises which for the calculation of index each month provide the CSB with around 3 thousand prices, of which 1.6 thousand prices are for products sold on the domestic market and 1.4 thousand – for exported products and industrial services.
More detail information on producer price changes can be found in the CSB database in section Producer prices.
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