The annual producer inflation in Latvia stood at 2.1% in November 2025, unchanged from an upwardly revised figure in the previous month.

Prices edged up for manufacturing (1.2% vs 1.4% in October), particularly in the manufacture of beverages, manufacture of other non-metallic mineral products, and manufacture of wood, wood products, and cork.

The slowdown in overall producer price growth was also influenced by easing costs in mining and quarrying (17.3% vs 17.9%) and in water supply, sewerage, waste management, and remediation activities (3.4% vs 4.4%).

In contrast, prices increased at a faster pace for electricity, gas, steam, and air-conditioning supply (3.9% vs 2.4%).

On a monthly basis, producer prices rose 0.1% in November, easing sharply from an upwardly revised 1.1% in the previous month.

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