Latvia’s producer price inflation accelerated sharply in May 2026, with the Producer Price Index (PPI) rising 1.8% year-over-year, up from 0.9% in April 2026. The latest data, updated on 19 June 2026, indicate that cost pressures at the factory gate have strengthened notably compared with the same period a year earlier.
The May reading, which compares prices in May 2026 to those in May 2025, shows that producer prices are now increasing at twice the pace seen in April on an annual basis. The April figure, in turn, reflected the change from April 2025.
This pickup in PPI suggests that input and production costs in Latvia are gaining momentum, a development that investors and policymakers will be watching closely for potential pass-through effects to consumer inflation and corporate margins in the coming months.