LV: Latvian's PPI posts 3rd steepest reduction in EU in September.

By bne IntelliNews November 8, 2011
According to the report by European Statistical Agency Eurostat, producer prices in Latvia in September declined by 0.1% m/m, which made the third steepest decline of the indicator in EU in the reporting month. Producer prices in Estonia and Lithuania increased by 0.2% and 1% m/m, respectively. At the same time, in y/y terms producer prices in Latvia posted one of the largest increase of 9.3%, along with Great Britain (13.2%) and Lithuania (12.2%). Estonia posted produce prices growth of 3.9% y/y in September. In y/y terms the indicator increased by 6.9% in EU and 5.8% in eurozone.
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