Date: 01.02.2017.

International Internet Magazine. Baltic States news & analytics Saturday, 23.09.2017, 21:26

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Economic sentiment indicator in Lithuania decreased in January 2017

Economic sentiment indicator in Lithuania decreased in January 2017

01.02.2017

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



Latvian antiques dealer jailed for stealing painting in UK

Latvian antiques dealer jailed for stealing painting in UK

01.02.2017

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.

Regional LNG terminal should be built at Muuga

Regional LNG terminal should be built at Muuga

01.02.2017

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.


Port of Pärnu signed the LNG bunkering agreement with LNG Gorskaya Overseas OÜ

Port of Pärnu signed the LNG bunkering agreement with LNG Gorskaya Overseas OÜ

01.02.2017

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.

Increased financing for roads should be efficiently invested

Increased financing for roads should be efficiently invested

01.02.2017

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.


01.02.2017

Retail trade flourishes but for now for one-off reasons

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.

01.02.2017

The level of construction costs increased by 0.4% in Latvia

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%.

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