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Latvia Producer Prices Fall In October

Latvia producer prices declined in October, led by a sharp fall in prices for the export market, figures from the Central Statistical Bureau showed on Friday.

Producer prices decreased 0.2 percent year-on-year following a 0.5 percent increase in September.

Domestic market producer prices rose 1.7 percent after a 1.8 percent increase, while prices for the products for export market decreased 1.9 percent following a 0.7 percent slump.

On a month-on-month basis, producer prices decreased 0.6 percent in October after a 0.3 percent fall.

The material has been provided by InstaForex Company – www.instaforex.com