Producer Prices in Latvia
Latvia - Producer Prices
Inflation inches down in March
Consumer prices rose 1.1% from the previous month in March, accelerating sharply from February’s 0.1% increase. According to Latvia’s Central Statistical Bureau, the reading largely reflected higher prices for clothing and footwear, and food more than offsetting lower prices for furnishings and miscellaneous goods.
Inflation inched down from 2.9% in February to 2.8% in March. Meanwhile, annual average inflation rose slightly to 2.8% in March from 2.7% in February. Lastly, harmonized inflation ticked down to 2.7% in March from 2.8% in the previous month.
Latvia Inflation Forecast
Met the why particular panelists see harmonized inflation averaging 2.5% in 2019, unchanged from the previous month’s forecast, and 2.4% in 2020.
Latvia - Producer Prices Data
|Inflation (PPI, annual variation in %)||1.5||0.4||-0.9||-2.4||2.6|
5 years of economic forecasts for more than 30 economic indicators.
|Bond Yield||0.55||0.0 %||Jun 30|
|Exchange Rate||1.12||0.65 %||May 13|
|Stock Market||1,017||0.17 %||May 13|
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May 7, 2019
Industrial output increased 1.5% in working day-adjusted year-on-year terms in March, contrasting February’s 3.2% fall, which had marked the worst result in over five years.
April 30, 2019
Growth decelerated to 2.8% in year-on-year terms in the first quarter of the year, down sharply from the previous quarter’s 5.1% increase and marking the weakest expansion since Q3 2016.
April 15, 2019
Consumer prices rose 1.1% from the previous month in March, accelerating sharply from February’s 0.1% increase.
April 8, 2019
According to Latvia’s Central Statistical Bureau, industrial output dropped 3.2% in working day-adjusted year-on-year terms in February, an over five-year low and a steeper decline than January’s 1.8% fall.
March 15, 2019
Consumer prices rose 0.1% from the previous month in February, moderating from January’s 0.5% increase.