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Producer prices in Latvian industry dropped

Producer prices in Latvian industry dropped

Editor WoodBusinessPortal.com team - research, December 28, 2019



Compared to October, the level of producer prices in Latvian industry dropped by 0.1 % in November 2019. The level of prices of products sold on the domestic market dropped by 0.5 %, however prices of exported products increased by 0.3 %.

The level of prices both of products exported to euro area countries and of products exported to non-euro area countries increased by 0.3 %, according to data from the Central Statistical Bureau of Latvia.

Manufacture of wood and of products of wood and cork, except furniture, had the most significant downward impact on the producer price changes during the year. Production and trade of electricity, manufacture of non-metallic mineral products as well as manufacture of selected food products had upward effect.


Source: www.bnn-news.com



p_0Producer prices in Latvian industry dropped