International Internet Magazine. Baltic States news & analytics
Thursday, 23.05.2013, 13:38
According to the data of the Central Statistical Bureau of Latvia (CSB), household consumption expenditure in 2011 increased by 5.3%as compared to 2010. How does it affect the expenditure on food products and food consumption in households?
Keyword tags: Analytics, Financial Services, Foodstuff, Latvia, Markets and Companies
According to Statistics Estonia, the change of the consumer price index was 0.2% in July 2012 compared to June and 3.6% compared to July of the previous year.
The Bank of Latvia's external reserves stood at EUR 5.607 billion (LVL 3.941 billion) at the end of July, which is 3.5% more than at the end of July 2011, when the central bank's external reserves were EUR 5.417 billion (LVL 3.8 billion), as the business portal Nozare.lv learned from the central bank.
Free public transportation in Riga would cost at least LVL 35 million per year, but the Riga City Council currently cannot afford such expenditures, Riga Mayor Nils Usakovs (Harmony Center) said in an interview on Latvian Radio today.
An analysis commissioned by the Ministry of Economic Affairs and Communications found out that the Tallinn-Tartu-Riga train route would not be competitive in comparison with bus traffic, writes Aripaev.ee/LETA.
Lithuanian Obeliai Distillery owned by Lithuania's alcohol company Vilniaus Degtine launched the power plant with bioreactors, where the production waste – distillers grains – will be used for the production of heat and electricity, whereof 70 percent is planned for sale, the distillery said in a press release.
Lithuania's unemployment rate dipped to 10.3% in July 2012 from 10.4% in June, as the Baltic state braced for slower growth due to the eurozone debt crisis, official data showed on Tuesday, AFP reported, FOCUS News Agency said.