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Tuesday 01.12.2015 | Name days: Emanuels, Arnolds

Industrial production prices grow by 6.9%

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Baltic news, News from Latvia, BNN.LV, BNN-NEWS.COM, BNN-NEWS.RU

In November this year, compared to October, total rate of industrial prices in Latvia decreased by 0.5%. Industrial prices decreased both for production realized in the local market (by 0.4%), and for exported production (by 0.6%).

The largest industrial production price decrease in the manufacturing industry was recorded in metal industry (by 3.2%), electricity, gas supply and air conditioning (by 0.4%), food products (by 0.4%), waste removal, recycle and disposal; material processing (by 2.1%), indicate the Central Statistical Bureau data.

The largest industrial production output increase in the manufacturing industry was recorded in the manufacture of wood and wood products (except furniture) – by 0.8%)

Industrial prices in November 2011, compared with November of the previous year, increased by 6.9%. Prices for production realized in the local market increased by 8.8%, but for the exported production – by 4.2%.

The largest influence on price increase was made by price changes of electricity, gas supply and air conditioning (by 12.6%), food products (by (6.6%), metal industry (by 10.4%) and manufacturing of chemical substances and chemical products (by 23.4%).


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