Date: 08.06.2018.

International Internet Magazine. Baltic States news & analytics Friday, 17.08.2018, 08:06

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In May, annual inflation in Lithuania stood at 2.9%

In May, annual inflation in Lithuania stood at 2.9%

08.06.2018

Statistics Lithuania informs that in May 2018, against April, prices for consumer goods and services increased by 0.4%. This was mainly influenced by an increase in prices for fuels, footwear, maintenance and repair of personal transport equipment, pharmaceuticals, as well as by a decrease in prices for heat energy, waste collection services, fruit and spirits (see Table 3).

Keyword tags: Analytics, Inflation, Lithuania, Markets and Companies



Latvian FinMin notes Rietumu Bank’s progress

Latvian FinMin notes Rietumu Bank’s progress

08.06.2018

Latvian press is writing about local Finance minister Dana Reizniece-Ozola meeting with US Finance Ministry representative Marshall Billingslea, who came to Latvia once again to discuss the developments on changes in banking sector and success achieved in the accomplishment of targeted goals.

In May, annual inflation in Latvia made 2.3%

In May, annual inflation in Latvia made 2.3%

08.06.2018

The latest data of the Central Statistical Bureau (CSB) show that during the year* in May 2018, compared to May 2017, the average level of consumer prices rose by 2.3%. Prices of goods grew by 1.9% and prices of services by 3.2%.


Avia Solutions withdraws complaints over Vilnius airport expansion

Avia Solutions withdraws complaints over Vilnius airport expansion

08.06.2018

Avia Solutions Group (ASG), a Lithuania-based, Warsaw-listed aviation business group that is indirectly owned by Lithuanian businessman Gediminas Ziemelis, has withdrawn complaints from a court over a ban on the group to build a hangar at Vilnius Airport and the cancellation of its NATO supplier certificate, reports LETA/BNS.

Starship Technologies raises USD 25 mln in investments

Starship Technologies raises USD 25 mln in investments

08.06.2018

The Estonia-based developer of delivery robots Starship Technologies raised 25 million dollars, or 21.2 million euros, of investments in the latest round of funding, Techcrunch reports, cites LETA/BNS.


08.06.2018

Deposits increase at only 5 Latvian banks in January-March

The total amount of deposits in Latvian banks was EUR 18.084 billion at the end of March 2018, which is 10.8 percent or EUR 2.183 billion less than at the end of 2017, writes LETA, according to the Association of Latvian Commercial Banks.

08.06.2018

Nord Stream 2 receives construction permit in Russia

Nord Stream 2 AG, the developer of a pipeline to supply Russian natural gas to the EU market through the Baltic Sea, today received the construction permit for the Russian section of the planned pipeline. The permit has been issued by the Russian Ministry of Construction and Utilities in line with the established procedure, reported BC Nord Stream’s press service.

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