Latvia Producer Price Index (PPI) YoY

  • Latvia Producer Price Index (PPI) YoY results in real time as they're announced. Read related news and analysis, get historical data, and see the immediate global market impact.
EUR
Actual
-7.2%
Previous
-8.1%
Latest Release
Apr 22, 2024
Importance
Source
Central Statistical Bureau of Latvia
Overview
Producer Price Index (PPI) measures a change in the prices of goods and services, over a span of time, either as they leave their place of production or as they enter the production process. PPI measures a change in the prices received by domestic producers for their outputs or the change in the prices paid by domestic producers for their intermediate inputs.The Producer Price Index (PPI) is designed to monitor changes in prices of items at the first important commercial transactions. The PPI shows the same general pattern of inflation as does Consumer price index, but is more volatile. This is because it is weighted more heavily towards goods that are traded in highly competitive markets and somewhat less sensitive to changes in the cost of labour. In principle, the PPI should include service industries, but in practice it is limited to the domestic agricultural and industrial sector.
Historical Data
Release Date
Time
Actual
Forecast
Previous
Apr 22, 2024 (Mar) 15:30 -7.2% -
-8.1%
Mar 21, 2024 (Feb) 16:30 -7.9% -
-7.9%
Feb 21, 2024 (Jan) 16:30 -8.1% -
-11.4%
Jan 22, 2024 (Dec) 16:30 -11.3% -
-9.8%
Dec 21, 2023 (Nov) 16:30 -9.8% -
-9.2%

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