Producer prices in Latvia increased 2.6% year-on-year in August 2026, easing from a revised 3.3% in July and marking the lowest reading since May. Cost growth moderated for mining and quarrying (4.9% vs 7.8% in July), while it eased sharply for electricity, gas, steam and air conditioning supply (1.0% vs 8.0%). Meanwhile, price growth accelerated in manufacturing (2.5% vs 1.9%), driven by faster increases in beverages (3.6% vs 3.5%), wood and products of wood and cork, except furniture, and manufacture of articles of straw and plaiting materials (5.4% vs 4.0%), paper and paper products (2.6% vs 0.4%), chemicals and chemical products (8.2% vs 7.4%), rubber and plastic products (6.2% vs 3.9%), and fabricated metal products, except machinery and equipment (3.5% vs 2.4%), while prices also rose for water supply, sewerage, waste management, and remediation activities (9.1% vs 8.7%). On a monthly basis, producer prices rose 0.5% in August, reversing a revised 0.1% fall in July.