Latvia Producer Prices Decline Further In July

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12:01 GMT

Aug 2009

Latvia Producer Prices Decline Further In July

(RTTNews) - Friday, the Central Statistical Bureau of Latvia announced that the producer price index or PPI dropped 8.4% year-on-year in July, compared with a 7.8% fall in the previous month. This was the fourth consecutive month of decline in producer prices.

On a monthly basis, producer prices declined 0.3% in July, after falling 1.7% in June.

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