Latvia’s producer price inflation slowed for the fourth straight month in April, figures from the Central Statistical Bureau showed on Thursday.
The consumer price index climbed 3.8 percent year-on-year in April, following a 4.1 percent rise in March. In December, prices rose 5.4 percent.
Among main groups, prices for water supply rose 11.5 percent annually and those of electricity, gas, steam and air conditioning supply costs rose 8.0 percent.
Both the domestic and foreign market prices rose 6.0 percent and 1.8 percent, respectively, in April.
On a month-on-month basis, producer prices rose 0.4 percent in April, after a 0.1 percent fall in the previous month.
The material has been provided by InstaForex Company – www.instaforex.com
Latest posts by Insta Forex (see all)
- Crude Oil Futures Settle Lower For 4th Day - September 13, 2019
- Treasuries Move Sharply Lower On Positive Trade, Economic News - September 13, 2019
- Gold Settles Lower On Trade Deal Hopes, Retail Sales Data - September 13, 2019