Analytics, Industry, Latvia, Markets and Companies
International Internet Magazine. Baltic States news & analytics
Saturday, 14.12.2024, 08:40
In September, level of producer prices in Latvia industry up 0.3%
Producer prices of products exported to euro area countries decreased by 0.3 %, but prices of products exported to non-euro area countries rose by 1.0 %.
Manufacture of wood and of products of wood and cork, except furniture, as well as production of electricity had upward impact on the producer price changes. Manufacture of computer, electronic and optical products had downward impact on the producer price changes.
Producer price changes in September 2020 (as %)
| Weights | Price changes in September 2020 compared to | |
August 2020 | September 2019 | ||
Industrial production – total | 100.0 | 0.3 | -2.1 |
Mining and quarrying | 2.6 | -0.6 | -3.3 |
Manufacturing | 76.7 | 0.3 | -0.7 |
Electricity, gas, steam and air conditioning supply | 16.7 | 0.6 | -8.3 |
Water supply; sewerage, waste management and remediation activities | 4.0 | 0.3 | 0.0 |
Products sold on the domestic market | 100.0 | 0.3 | -3.2 |
Mining and quarrying | 2.0 | -0.2 | -1.8 |
Manufacturing | 55.8 | 0.2 | -0.7 |
Electricity, gas, steam and air conditioning supply | 34.7 | 0.6 | -8.3 |
Water supply; sewerage, waste management and remediation activities | 7.5 | 0.3 | 2.4 |
Exported products | 100.0 | 0.4 | -1.0 |
Mining and quarrying | 3.2 | -0.8 | -4.1 |
Manufacturing | 96.0 | 0.4 | -0.7 |
Water supply; sewerage, waste management and remediation activities | 0.8 | -0.1 | -19.3 |
In September 2020, compared to September 2019, the average level of producer prices in Latvian industry fell by 2.1 %. The level of prices of products sold on the domestic market reduced by 3.2 %, and prices of exported products decreased by 1.0 %. Prices of products exported to euro area countries fell by 1.1 %, prices of products exported to non-euro area countries – by 1.0 %.
Price drop of electricity, gas, steam and air conditioning supply had significant impact on the producer price changes. Repair and installation of machinery and equipment had upward effect on the producer prices.
Information on producer price changes in industry in October 2020 will be published on November 23.
- 28.01.2022 BONO aims at a billion!
- 25.01.2021 Как банкиры 90-х делили «золотую милю» в Юрмале
- 30.12.2020 Накануне 25-летия Балтийский курс/The Baltic Course уходит с рынка деловых СМИ
- 30.12.2020 On the verge of its 25th anniversary, The Baltic Course leaves business media market
- 30.12.2020 Business Education Plus предлагает анонсы бизнес-обучений в январе-феврале 2021 года
- 30.12.2020 Hotels showing strong interest in providing self-isolation service
- 30.12.2020 EU to buy additional 100 mln doses of coronavirus vaccine
- 30.12.2020 ЕС закупит 100 млн. дополнительных доз вакцины Biontech и Pfizer
- 29.12.2020 В Rietumu и в этот раз создали особые праздничные открытки и календари 2021
- 29.12.2020 Latvia to impose curfew, state of emergency to be extended until February 7