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Producer prices in industry falls 0.2 % in April

30
May '05
the central statistical bureau of latvia released producer prices indices for april 2005.

compared with march, producer prices in latvian industry in april 2005 decreased by 0.2%, according to the central statistical bureau. last time when a fall in prices was observed was in august 2003. over the year (compared with april 2004) producer prices have increased by 8.6%.

in comparison with march, prices in april 2004 increased by 1.2% but compared with april 2003 – by 6.8%.

click here to see producer prices index:

compared with march, the overall level of producer prices in april decreased primarily due to the price decrease in the manufacture of wood and of products of wood (except furniture) and in the manufacture of chemicals, chemical products and man-made fibres as well as in the manufacture of machinery, equipment and machine tools and in some other activities.

the greatest raising effect, in turn was due to price rises in the manufacture of food products and beverages (mainly meat products and preserved meat, milk products and bread) as well as in the manufacture of non-metallic mineral products (mainly articles of concrete) and in the manufacture of fabricated metal products.

the central statistical bureau of latvia (csb) is a state administrative institution under the supervision of the ministry of economy, and it is responsible for the organisation of the state statistical work in the republic of latvia.

The Central Statistical Bureau of Latvia


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