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Saturday, 20.04.2024, 00:51
Latvia registers EU's third smallest reduction in producer prices in February
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France and Germany each registered 0.1% reductions in producer prices in February, while Poland and Ireland each saw a 0.2% reduction.
Meanwhile, similar to Latvia, Belgium, Austria, Romania and Sweden registered 0.3% reductions in producer prices in February.
The largest month-on-month increase was registered in Estonia – 1.9%, followed by Slovakia – 1.6%, Greece – 1.5%, and Lithuania – 0.9%.
Compared to January, producer prices in Bulgaria, Portugal, Czech Republic, Great Britain, Malta and Italy remained unchanged in February.
In comparison with January, producer prices fell 0.2% in the EU and by 0.2% the euro area.
Compared to February 2013, producer prices reduced 1.7% in the EU and 1.6% in the euro area in February 2014.
The steepest year-on-year increases were reported by Ireland – 1.1%, Latvia – 0.5%, and Malta – 0.3%.
The largest year-on-year reductions were recorded in Cyprus – 5.4%, Lithuania – 4.6%, and Belgium – 4.2%.
Estonia saw a 1.6% reduction in producer prices year-on-year.
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