Latvia’s Producer Price Index (PPI) fell by 1.2% month-over-month in March 2026, a sharp reversal from the 0.4% increase recorded in February, according to data updated on 23 April 2026. The figures highlight a notable shift in price dynamics at the factory gate, with cost pressures on producers easing after a brief uptick in the previous month.
The March reading, measured on a month-over-month basis, compares the change in producer prices to February 2026, while the earlier 0.4% figure reflected February’s movement relative to January. The swing from growth to contraction suggests that input costs and output prices in Latvia’s industrial sector have come under renewed downward pressure as spring began.
While no sector breakdown accompanied the headline figures, the negative PPI print for March may signal softer pricing power for Latvian manufacturers and could feed into weaker pipeline inflation in the coming months, depending on how persistent the decline proves to be.