International Internet Magazine. Baltic States news & analytics
Friday, 31.07.2015, 12:20
According to Statistics Estonia, in June 2015, the production of industrial enterprises decreased 3% compared to June of the previous year. Production decreased in manufacturing and energy production but increased in mining.
Keyword tags: Analytics, Estonia, Industry, Markets and Companies
Statistics Lithuania informs that in June 2015 industrial production totalled EUR 1.7 billion at current prices and, compared to May, grew by 4.4% at constant prices, seasonally and working day adjusted – by 0.8%.
According to the data of the Central Statistical Bureau of Latvia compared to May producer prices in industry in June 2015 rose by 0.4%. The level of producer prices of products sold on the domestic market grew by 0.2%, prices of exported products – by 0.7%. The level of prices of products exported to euro area countries increased by 0.2%, but of products exported to non-euro area countries – by 0.9%.
According to Statistics Estonia, in June 2015, the producer price index of industrial output changed by 0.2% compared to May 2015 and by –1.7% compared to June 2014.
In the third quarter of 2015, compared with the first quarter, the Industrial Confidence Index (ICI) decreased by 10 points, yet it stood at 63 points and retained economic growth prospects. This shows that companies have reservations towards the future, but expect some growth. The fall of wood and furniture industry indicator from 89 to 67 points played the biggest role on the ICI, writes LETA/ELTA.
Industrial production in Latvia in May 2015, compared with May of last year, has increased by 6.5%, and was second the steepest increase in the EU, reports LETA, according to Eurostat.
Statistics Lithuania informs that in June 2015, compared to May, prices for the total industrial production sold decreased by 0.5%, refined petroleum products excluded – by 0.2%.