FX.co ★ Latvia’s Producer Price Growth Cools Sharply in February, Signalling Easing Cost Pressures

Latvia’s producer price inflation decelerated markedly in February 2026, with the month-over-month Producer Price Index (PPI) rising just 0.4%, down from 1.5% in January 2026. The data, updated on 20 March 2026, indicate a significant moderation in price pressures at the producer level.

On a month-over-month basis, the latest figure shows that producer prices in February increased at less than one-third of January’s pace. The January reading of 1.5% reflected the change from December to January, while the February 0.4% result compares prices in February to those in January.

The slowdown in producer price growth suggests a potential easing of upstream cost pressures in Latvia’s economy, which could, over time, feed through to consumer prices and influence expectations around inflation and monetary conditions. However, the PPI remains in positive territory, indicating that input and output prices are still rising, albeit at a more moderate rate than at the start of the year.