Latvia Producer Prices Rise in January

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Producer prices in Latvia rose by 1.2% year-on-year in January 2026 from a downwardly revised 0.7% growth in the previous month. Output increased in mining and quarrying (17.4% vs 17% in December 2025). In addition, activity recovered for electricity, gas, steam, and air-conditioning supply (1% vs -3.3%). Meanwhile, output growth slowed in water supply, sewerage, waste management, and remediation activities (5.2% vs 5.4%) and manufacturing (0.5% vs 0.9%), with notable decreases in food products (-0.7% vs 0.3%), beverages (3.2% vs 6.1%), paper and paper products (0.3% vs 2.6%), and chemical and chemical products (1.1% vs 1.8%). On a monthly basis, output increased by 0.6% in January, rebounding from an upwardly revised 1.1% decline in the preceding period.

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