International Internet Magazine. Baltic States news & analytics
Monday, 27.02.2017, 06:56
The annual inflation in January continued to climb rapidly – consumer prices rose by 2.9% year-on-year. Within five months, inflation, starting at zero, reached an impressive level. There is no reason to expect similarly fast inflation rise during the next few months. All this year, however, inflation will remain close to 3%.
Keyword tags: Analytics, Banks, Direct Speech, Inflation, Latvia
Belarus for the first time has purchased a batch of oil from Iran, and possibly it might be delivered via Latvia’s Ventspils port, Reuters learned from unofficial sources, writes LETA.
The supervisory board of Eesti Post, the Estonian postal services and logistics company operating under the Omniva brand, elected on Thursday Joona Saluveer the next chief executive of the company, reports LETA/BNS.
EUR 465.75 mln in excise-duty from oil products sold in Latvia was collected last year, which is by EUR 37.43 mln or nine percent more than the previous year, according to information from the State Revenue Service writes LETA.
The United States is not yet ready to cooperate militarily with Russia, Pentagon chief James Mattis said Thursday after Moscow's defense minister called for better ties, writes LETA accorging AFP information.
The new Lindstrom workwear plant in Latvia’s central Tukums town currently employs 100 people, but by the end of the year the number of employees will be increased to 120, Lindstrom group president and CEO Juha Laurio told LETA.
International credit rating agency Moody's has once again affirmed the credit rating of Latvia’s Latvenergo power utility at Baa2, with a stable outlook, the company said in its statement to the Nasdaq Riga stock exchange.