Analytics, Industry, Latvia, Markets and Companies

Rise of overall price level was characteristic both for goods sold on the domestic market and for exported products (respectively, by 2.8% and 1.3%). The overall level of producer prices was mostly influenced by price increase of electricity, gas, steam and air conditioning supply (by 6.9%), as well as by price growth in the manufacture of basic metals (by 5.7%), in the manufacture of wood and of products of wood, except furniture (by 2.0%), in waste collection, treatment and disposal activities; materials recovery (by 10.9%). In its turn the price decrease in the manufacture of other non-metallic mineral products (by 1.9%), in the manufacture of wearing apparel (by 3.2%) and in the manufacture of food products (by 0.3%) had the main lowering impact on the overall producer price level.

Producer price changes over the corresponding month of the previous year

Over a year (compared to April 2009) producer prices in industry increased by 0.5%. Reduction of prices of products sold on the domestic market was 3.6%, but prices of exported products increased by 7.3%. The changes of the prices of electricity, gas, steam and air conditioning supply (drop of 8.4%), as well as changes of prices in the manufacture of basic metals (increase of 27.0%), in the manufacture of wood and of products of wood, except furniture (growth of 9.8%), in waste collection, treatment and disposal activities; materials recovery (rise of 87.1%), in the manufacture of other non-metallic mineral products (decrease of 8.0%) and in the manufacture of food products (fall of 1.9%) had the biggest impact on the overall level of producer prices.

Producer price changes in April 2010