Date: 03.08.2017.

International Internet Magazine. Baltic States news & analytics Tuesday, 22.08.2017, 21:38

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In June, industrial production output in Latvia rose by 7.8%

In June, industrial production output in Latvia rose by 7.8%

03.08.2017

Data compiled by the Central Statistical Bureau (CSB) show that, compared to June 2016, in June 2017 industrial production output1 increased by 7.8% (according to calendar adjusted data at constant prices). The changes were influenced by the rise in manufacturing and mining and quarrying of 10.1% and 13.5%, respectively, as well by 2.2% decline in electricity and gas supply.

Keyword tags: Analytics, Good for Business, Industry, Latvia, Markets and Companies



Retail sales increased slightly in EU in June

Retail sales increased slightly in EU in June

03.08.2017

The seasonally adjusted volume of retail trade rose 0.5% in the eurozone and 0.4% in the European Union in June 2017, compared to the previous month. Retail sales increased by 3.1% year over year in June in both zones, it appears from figures published by Eurostat on Thursday, cites LETA/BNS.

Trev-2 Grupp to build 4-lane Kose-Ardu highway section in Estonia

Trev-2 Grupp to build 4-lane Kose-Ardu highway section in Estonia

03.08.2017

The Estonian Road Administration on August 3rd signed a 50,650,000 euro contract with the infrastructure construction company AS Trev-2 Grupp who was deemed the winner of the tender for the construction of a four-lane highway section between Kose and Ardu on the Tallinn-Tartu road, reports LETA/BNS.


Economic growth in Latvia shoots up in 2017

Economic growth in Latvia shoots up in 2017

03.08.2017

In the last couple of quarters, the Latvian economy grew at rates well above those seen in the recent past. Cyclical recovery is observed not only in Latvia, but throughout Europe. In many countries and trade partners, growth is faster than forecast.

Retailers: arrival of Lidl will make job shortages worse in Latvia

Retailers: arrival of Lidl will make job shortages worse in Latvia

03.08.2017

The arrival of German discount supermarket chain Lidl in Latvia will make labor shortages worse in retail trade, as Latvian Food Retailers Association's Chief Executive Noris Kruzitis told LETA.


03.08.2017

Tallink carries record number of passengers in July

The listed Estonian shipper Tallink Grupp carried 1.2 million passengers in July, 1.7% more than in the same month a year ago and the most the shipper has ever carried in a month, reports LETA/BNS.

03.08.2017

Hospitals’ Association: strike of family physicians ineffective in Latvia

The fact that the strike of family physicians had stirred up the ruling coalition does not yet mean that the strike had been effective because the official pay level to medical personnel still remains below the pre-crisis level, Jevgenijs Kalejs, the head of the Latvian Association of Hospitals, said on the LNT commercial television today, cites LETA.

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