Latvia’s producer prices declined at a softer pace in November, figures from the Central Statistical Bureau showed on Monday.
The producer price index fell 0.9 percent year-on-year in November, following a 1.3 percent decrease in October.
Among components, prices of electricity, gas, steam and air conditioning supply declined 7.0 percent annually in November and prices for mining and quarrying decreased 1.6 percent.
Meanwhile, prices for manufacturing rose 0.4 percent and those of water supply grew 0.8 percent.
On a month-on-month basis, producer prices rose by 0.4 percent in November.
Domestic market prices rose 0.4 percent monthly in November and foreign market prices increased by 0.3 percent.
For comments and feedback contact: editorial@rttnews.com
[Economic News][1]
What parts of the world are seeing the best (and worst) economic performances lately? Click[here][2] to check out our [Econ Scorecard][2] and find out! See up-to-the-moment rankings for the best and worst performers in [GDP][3], [unemployment rate][4], [inflation][5] and much more.
- www.rttnews.com/Content/EconomicNews.aspx
- www.rttnews.com/economic-scorecard/world-rank/industrial-production/highest-performance.aspx
- www.rttnews.com/economic-scorecard/world-rank/GDP/highest-performance.aspx
- www.rttnews.com/economic-scorecard/world-rank/unemployment-rate/lowest-performance.aspx
- www.rttnews.com/economic-scorecard/world-rank/CPI/highest-performance.aspx