International Internet Magazine. Baltic States news & analytics
Monday, 27.02.2017, 06:57
Statistics Lithuania informs that in January 2017, the economic sentiment indicator stood at minus 2 and, against December 2016, increased by 1 percentage point (ppt). The industrial and construction confidence indicators increased by 2 and 3 ppt respectively. The consumer, trade and services confidence indicators decreased by 1 ppt.
Keyword tags: Analytics, Economics, Lithuania, Statistics
A Latvian antiques dealer who stole a 19th-century religious painting from the Chester Cathedral has been jailed for nine months, according to The Guardian reports writing LETA.
Muuga continues to be the most suitable location for the regional terminal for liquefied natural gas (LNG), the fuel transit company Vopak E.O.S. said LETA/BNS on Wednesday.
Estonia-based LNG Gorskaya Overseas OÜ has signed an letter of intent with the Port of Pärnu to set liquefied natural gas (LNG) center in the harbors aquatorium, the companies representative informed BC.
The increased financing for roads this year should be efficiently invested in repairs and their quality, said Latvian Transport Minister Uldis Augulis during his meeting with Latvijas Valsts Celi (LVC) state road manager’s board chairman Janis Lange today.
After the not so fast growth in the third quarter of 2016 (1.1% year-on-year), Latvian retail trade seems to have gathered speed a little. According to the data of the Central Statistical Bureau (CSB) the year-on-year rise in retail trade at constant prices in the fourth quarter was 2.2% (including 4.5% in November and 2.0% in December). Yet similar to the dynamic of consumer prices where supply-side factors and the impact of prices of global resources currently predominate, in retail trade, some one-off factors might have predominated rather than fast growing demand.
Data of the Central Statistical Bureau (CSB) show that, compared to December of the previous year, in December 2016 the level of construction costs in Latvia increased by 0.4%. Labour remuneration of workers grew by 3.5%, maintenance and operational costs of machinery and equipment rose by 1.1%, whereas prices of building materials decreased by 1.1%.