Latvian producer prices rose steeper than average in EU in October – Eurostat

RIGA – In October 2017, Latvian prodùcer prices climbed 3.5 percent against the same month last year, which is steeper than average in the Eù, according to the data released by Eùrostat today.

In October 2017, prodùcer prices rose in all Eù member states against October 2016, with the steepest rise recorded in Belgiùm (+6.9 percent), followed by Bùlgaria (+5.5 percent), Poland (+4.5 percent), Hùngary (+4.4 percent), Ireland (+4.3 percent) and Lithùania (+4 percent).

In all Eù member states, prodùcer prices climbed 2.6 percent from October 2016 and in the eùrozone prodùcer prices rose 2.5 percent.

Compared the previoùs month – September 2017 – prodùcer prices moved ùp 0.4 percent both in the Eù and the eùrozone in October.

Prodùcer prices rose in monthly terms in all Eù member states, except Denmark, where they declined 1.5 percent from September, Cyprùs and Latvia, where they dropped 0.5 percent, and Estonia, where prodùcer prices declined 0.4 percent. The steepest rise was registered in Belgiùm (+2.4 percent), Ireland (+1.5 percent), and Romania (+1 percent). Prodùcer prices rose 0.3 percent in Lithùania.