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Producer prices in industry

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National Reference Metadata in Euro SDMX Metadata Structure (ESMS)

Compiling agency: [LV1] Central Statistical Bureau of Latvia (CSB)

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Producer Price Index in industry (130201),

Producer Price Index in industry domestic market (130202),

Producer Price Index in industry non-domestic market (130203).

Producer Price Index in industry (PPI) measures the average price development of goods and related services sold on the domestic market and/or outside the domestic market.

The index is designed to be an indicator of the economic cycle.

15 June 2026

Producer prices in industry are recorded for products manufactured in Latvia. The recorded prices are current producer prices (excluding VAT and excise duty) at which goods are sold to buyers.
PPI in industry are calculated separately for production sold on the domestic market and for the non-domestic market.
The prices collected refer to the 15th day of the reference month or to a date as close as possible. For electricity, wood products and some other goods the monthly average prices are collected.

Observation unit - kind-of-activity unit (KAU).
Reporting unit - enterprise.

Economically active enterprises if their activity in compliance with NACE Rev. 2 is Mining and quarrying (Section B), Manufacturing (Section C), Electricity, gas, steam and air conditioning supply (Section D) or Water supply, sewerage, waste management and remediation activities (section E (excluding division 39)) and the number of employees in the enterprise is 20 or more, or net turnover in the preceding year exceeding 430 thousand euro. Enterprises with as large as possible share of product sales in the respective industrial activity (NACE Rev. 2 class) are included in the sample.

Prices are recorded for products and industrial services sold on the domestic market as well as for exported products and industrial services.

Entire country.

Month.
The actual producer prices refer to the 15th day of the reporting month. If there were no sales transactions on this day, a product price on the closest day is recorded. If a homogeneous group of goods (services) is selected as an item representative, the average monthly prices are collected.

The accuracy is tackled at national level, by eliminating inconsistencies and errors.

Data collection is based on cut-off sample and the sample is updated annually. At the end of the year CSB together with enterprises choose the most popular products (according to PRODCOM) for the next year of the data collection.

Data are collected by web questionnaires, using the data validation rules. The data also are checked manually by statisticians and all questionable cases are verified.

The published data are final, no first estimation is made (see also 17.1). 

Indices.

In case of non-response - the imputation methods have been applied.

Individual product indices are combined using Laspeyres type formula and base period weights to obtain higher level indices by NACE Rev. 2 classes, groups, divisions and sections. All representative items have product weights at the lowest level of aggregation.
The application of quality adjustment methods is limited. New enterprises are introduced at the beginning of the new reference year, but new representative products may be introduced although in the beginning of the new reference year and during the year (if the sample product is obsolete). For the replacement of selected products, the overlap method is used.

The weights are produced once a year - starting calculations for the first month of the reference year.

The weights refer to the value of production sold two years before the reporting period. Prices of December of the previous year serve as a base for price comparisons. The producer price indices in industry weighting system and base prices are updated annually. In order to ensure the symmetry of weight and price base periods, the weights applied to the calculation of producer price indices in industry for 2025 have been recalculated into the prices of December 2024.

Direct statistical survey of the target sample from the selected enterprises and products, as well tariffs on selected services and enterprises approved by the Public Utilities Commission.

In 2025, 651 enterprises were included in the STS sample and approximately 2.4 thsd individual prices were observed; of which around 1.3 thsd prices were recorded for the production sold on the domestic market and around 1.1 thsd prices for exported goods. Products are chosen with high sales volume in the domestic or non-domestic markets or both. Enterprises are chosen with a record of stable production and sales activity and a large share of sold production on the domestic and non-domestic markets.

The sample is updated annually.

Monthly.

The information on producer price indices in industry (PPI) is published at 13:00 o’clock of local time on the 15th working day of the month following the end of the reference month. 

The information letters about questionnaires for the next year are sent to respondents at the end of the year.

The deadline for replies to questionnaires varies depending on the activity and it could be the 20th day in reference month, 10th or 15th day after the end of each reference month. The data collection normally is closed 3 to 5 days before the publication.

Producer prices in industry are collected across the country so that index represents the country as a whole.

The monthly and annual data of total industry according to the NACE Rev. 2 down to two-digit level are available from 2000 and onwards.