RRCI2509
Level of producer prices in industry grew by 0.5 % year-on-year and by 1.0 % month-on-month
Central Statistical Bureau data show that in August 2025 industrial producer prices in Latvia rose by 0.5 % compared with August 2024 and by 1.0 % compared with July 2025.
The year-on-year price level for the domestic market reduced by 1.1 % and for the non-domestic market went up by 2.0 %. The prices of products exported to euro area countries went up by 2.1 % and of products exported to non-euro area countries by 1.9 %.
Price rises in several classes within the manufacture of food products; manufacture of wood and of products of wood and cork; waste collection, treatment and disposal activities, materials recovery; mining and quarrying; manufacture of chemicals and chemical products played a key role in driving the level of producer prices upward. However, price declines in electricity, gas, steam and air conditioning supply had a downward effect.
The month-on-month producer price level increased by 1.0 %. Industrial prices for the domestic market rose by 0.4 %, and for the non-domestic market by 1.4 %. The prices of products exported to euro area countries went up by 3.1 %, whereas of products exported to non-euro area countries did not change.
Higher prices in electricity, gas, steam and air conditioning supply supported the monthly price level rise. Conversely, lower prices in several classes within the of manufacture of food products; manufacture of products of wood and cork had a counterbalancing impact.
Producer price changes
(per cent)
| August 2025 compared to | ||
| July 2025 | August 2024 | |
| Industrial production, total | 1.0 | 0.5 |
| Mining and quarrying | 2.1 | 11.7 |
| Manufacturing | -0.2 | 1.8 |
| Electricity, gas, steam and air conditioning supply | 6.4 | -8.4 |
| Water supply; sewerage, waste management and remediation activities | 0.1 | 8.6 |
| Domestic market | 0.4 | -1.1 |
| Mining and quarrying | 3.4 | 11.4 |
| Manufacturing | -0.4 | 0.9 |
| Electricity, gas, steam and air conditioning supply | 1.8 | -7.8 |
| Water supply; sewerage, waste management and remediation activities | 0.1 | 10.4 |
| Exported products | 1.4 | 2.0 |
| Mining and quarrying | 1.4 | 11.9 |
| Manufacturing | -0.1 | 2.3 |
| Water supply; sewerage, waste management and remediation activities | -0.4 | -5.5 |
Information on producer price changes in industry in September 2025 will be published on October 21.
Additional methodological information on producer price changes in industry is available in the official statistics portal Reference metadata section.
Methodological information:
Producer price index in industry is an indicator characterizing industrial production price fluctuations over a set period.
The contribution of a given economic activity to the overall industrial producer price index (PPI) is assessed by calculating an impact. Economic activities having insignificant price changes but taking large share of the index can influence the overall PPI more than the products having little share but major price changes.
The information on producer prices in industry is provided by more than 600 enterprises. Producer price index in industry is calculated by using also tariffs on selected services and enterprises approved by the Public Utilities Commission. In total, more than 2.5 thousand prices of industrial products and services are used in index calculations – about 1.4 thousand for the domestic market and 1.1 thousand for the non-domestic market.
The published industrial producer price index is revised when updated, corrected, or late data have a significant impact on the overall index within a 12-month period – one exceeding 0.1 percentage point.
Additional methodological information on the producer price index in industry is available in the official statistics portal Reference metadata section.
Media requests:
Public Relations Section
E-mail: media@csp.gov.lv
Phone: +371 27880666
More information on the data:
Avita Zandberga
Producer Price Indices Section
E-mail: Avita.Zandberga@csp.gov.lv
Tel.: +371 67366784
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