"Electricity, gas, steam and air conditioning supply; manufacture of chemicals and chemical products, as well as manufacture of selected food products had an upward impact on the producer price changes. Manufacture of wood and of products of wood and cork (except furniture) had downward impact on the producer price changes," said the CSB.
Year-on-year the rise was much larger. In October 2021, compared to October 2020, the average level of producer prices in Latvian industry increased by 22.4 %.
Producer price changes in October 2021 (as per cent)
|
Weights |
Price changes in October 2021 compared to |
|
September 2021 |
October 2020 |
||
Industrial production – total |
100.0 |
1.2 |
22.4 |
Mining and quarrying |
2.4 |
0.6 |
12.7 |
Manufacturing |
78.8 |
0.0 |
19.1 |
Electricity, gas, steam and air conditioning supply |
14.9 |
7.4 |
42.8 |
Water supply; sewerage, waste management and remediation activities |
3.9 |
0.4 |
18.1 |
Products sold on the domestic market |
100.0 |
2.8 |
24.2 |
Mining and quarrying |
1.9 |
1.4 |
11.0 |
Manufacturing |
58.8 |
0.3 |
16.3 |
Electricity, gas, steam and air conditioning supply |
31.8 |
7.4 |
42.8 |
Water supply; sewerage, waste management and remediation activities |
7.5 |
0.4 |
11.3 |
Exported products |
100.0 |
-0.2 |
20.8 |
Mining and quarrying |
3.0 |
0.2 |
13.6 |
Manufacturing |
96.3 |
-0.2 |
20.6 |
Water supply; sewerage, waste management and remediation activities |
0.7 |
0.9 |
77.5 |