Latvia’s producer prices rose 2.6% year-on-year in August 2026, down from a revised 3.3% in July and the lowest reading since May. Cost growth slowed in mining and quarrying to 4.9% from 7.8%, and in electricity, gas, steam and air-conditioning supply to 1.0% from 8.0%. Manufacturing inflation accelerated to 2.5% from 1.9%, led by faster price increases in beverages, wood and cork products, paper, chemicals, rubber and plastics, and fabricated metal products. Prices also increased faster in water supply, sewerage, waste management and remediation, reaching 9.1% from 8.7%. On a monthly basis, producer prices rose 0.5% in August after a revised 0.1% decline in July.