Latvia Producer Deflation Eases Slightly âšī¸
Producer prices in Latvia dropped for the seventeenth consecutive month in November 2024, with a 1.2% year-on-year decline, though the softest in the sequence.
The article indicates a continued decline in producer prices in Latvia, which is a neutral development for the given investment portfolio. While some sectors like mining, manufacturing, and water supply saw price increases, the overall producer price index declined, suggesting a relatively stable economic environment. The impact on the portfolio is likely to be minimal, as the portfolio does not have direct exposure to the Latvian market.