FX.co ★ Latvia Producer Inflation Accelerates in September

Producer prices in Latvia increased by 3.1% year-on-year in September 2026, quickening from an upwardly revised 2.7% rise in August. Price growth in manufacturing held steady at 2.5%, underpinned by stronger gains in textiles (6.3% vs. 5.4% in August), paper and paper products (4.0% vs. 2.6%), chemicals and chemical products (9.3% vs. 8.2%), and rubber and plastic products (6.5% vs. 6.2%).

By contrast, growth slowed in prices for beverages (2.6% vs. 3.7%), wood and of products of wood and cork excluding furniture (4.2% vs. 5.4%), and printing and reproduction of recorded media (2.4% vs. 5.0%).

Elsewhere, prices accelerated in electricity, gas, steam, and air-conditioning supply (4.3% vs. 1.6%), while price growth eased in mining and quarrying (1.9% vs. 4.9%) and in water supply, sewerage, waste management, and remediation activities (8.8% vs. 9.1%).

On a monthly basis, producer prices rose 0.5% in September, slightly below an upwardly revised 0.6% increase in August.