Latvia Producer Prices Inflation Quickens For Fifth Month In December
Latvia's producer price inflation accelerated for the fifth month in a row in December, data released by the Central Statistical Bureau of Latvia showed on Tuesday.
The producer price index (PPI) rose by 3.6 percent year-on-year in December, more faster than the 3.2 percent rise in November. The latest figure is the highest since April. In October, prices rose 2.9 by percent.
Prices of products sold in the domestic market rose 4.2 percent, while those of exported goods were 2.9 percent higher.
Sequentially, the PPI edged up by 0.2 percent in December after falling 0.2 percent in November.
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