Producer prices in Latvia rose by 1.2% year-on-year in January 2026, following a downwardly revised 0.7% increase in December 2025. Output strengthened in mining and quarrying (17.4% vs. 17% in December). Activity also rebounded in electricity, gas, steam, and air-conditioning supply (1% vs. -3.3%).
By contrast, output growth moderated in water supply, sewerage, waste management, and remediation activities (5.2% vs. 5.4%), as well as in manufacturing (0.5% vs. 0.9%). Within manufacturing, there were notable slowdowns or declines in food products (-0.7% vs. 0.3%), beverages (3.2% vs. 6.1%), paper and paper products (0.3% vs. 2.6%), and chemicals and chemical products (1.1% vs. 1.8%).
On a monthly basis, producer prices increased by 0.6% in January, rebounding from an upwardly revised 1.1% drop in the previous month.
