FX.co ★ Latvia Producer Prices Rebound to 4-Month High

In August 2025, Latvia observed a 0.5% year-on-year increase in producer prices, rebounding from a previous decline of 0.6% in July. This represents the highest level of producer inflation since April. Notably, prices in the mining and quarrying sectors rose more sharply, at 11.7% compared to 9.6% in July, while manufacturing saw an increase of 1.8% from 1.6%. Additionally, the deflation observed in electricity, gas supply, heating, and air-conditioning sectors showed signs of easing, moderating to -8.4% from -13.1%. Conversely, there was a slight decrease in prices for water supply, wastewater, waste management, and sanitation, which dipped to 8.6% from 8.8%. On a monthly comparison, producer prices saw a 1% increase in August, recovering from a 0.1% decline, achieving their highest point since February.