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Friday, 19.04.2024, 23:47
Latvia registers EU's third steepest increase in production prices in August
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Producer prices in Sweden increased 0.3% and in Hungary 0.2%.
Besides Latvia, Cyprus and Poland also recorded a 0.1% increase in producer prices.
On the other hand, producer prices decreased the most in Denmark – 0.7%, Croatia – 0.6%, Estonia – 0.5%, and Slovakia – 0.4%.
Producer prices in the Czech Republic, Italy, Malta, Slovenia and Finland remained unchanged in August as compared to July.
Lithuania recorded a 0.2% fall in producer prices.
In all the EU member states for which data are available, producer prices reduced 0.1% in August from July, and the eurozone also recorded a 0.1% reduction.
Compared to August 2013, producer prices in the EU decreased 1.5% and in the eurozone 1.4%.
In year-on-year comparison, producer prices only increased in Romania, by 0.8%, and in Latvia and Sweden – 0.3% each.
The greatest decreases were registered in Lithuania – 5.1%, Belgium – 4.7%, and Slovakia – 3.8%.
Producer prices in Estonia decreased 2.1% year on year.
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