Inflation

International Internet Magazine. Baltic States news & analytics Tuesday, 11.12.2018, 02:23

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The goods deficit widens as export growth slows

The goods deficit widens as export growth slows

07.12.2018

Estonian exports of goods and services have grown more slowly in the first nine months of 2018 than in 2017, and imports have grown faster. Exports may have grown more slowly not only because growth in foreign demand has stalled, but also because price competitiveness and domestic economic activity have declined. The surplus on the current account in the first nine months of 2018 was 0.7% of GDP, which is notably less than the 2.8% recorded in the same months of 2017. The current account surplus has fallen because of the deepening trade deficit, which was 985.2 million euros in the first nine months of the year, or a third larger than it was a year earlier.

Keyword tags: Banks, Direct Speech, Economics, Estonia, Inflation



October harmonized average annual inflation stood at 2.8% in Lithuania

October harmonized average annual inflation stood at 2.8% in Lithuania

12.11.2018

Statistics Lithuania informs that in October 2018, average annual inflation calculated based on the harmonised index of consumer prices (HICP), which is methodologically harmonised with those of other EU member states, stood at 2.8% and was by 0.2 percentage points lower than that calculated based on the consumer price index (CPI).

Lithuania posts lowest annual inflation among Baltic states

Lithuania posts lowest annual inflation among Baltic states

09.11.2018

Lithuania posted the lowest annual inflation rate among the Baltic states in October, figures from the national statistics services show.


European Commission projects Latvian economy to show fastest growth among Baltic states in 2018

European Commission projects Latvian economy to show fastest growth among Baltic states in 2018

09.11.2018

The European Commission expects Latvia’s gross domestic product (GDP) to grow by 4.1% this year, which would be the fastest rate among the Baltic states, the Commission’s latest economic forecast shows, writed LETA/BNS.

Latvian annual inflation unchanged at 3.2% in October

Latvian annual inflation unchanged at 3.2% in October

08.11.2018

The latest data of the Central Statistical Bureau (CSB) show that in October 2018, compared to October 2017, the average level of consumer prices* rose by 3.2%. Prices of goods grew by 3.3% and prices of services by 3.0%.


07.11.2018

Inflation to slow down in Estonia next year – Swedbank

Increase in prices this year will exceed 3%, while inflation is expected to slow down next year as a result of the halting of price increases in energy and the excise duties on alcohol will likely not increase, Swedbank senior analyst Liis Elmik said, cities LETA/BNS.

31.10.2018

Euro area annual inflation up to 2.2% in October 2018

Euro area annual inflation is expected to be 2.2% in October 2018, up from 2.1% in September 2018, according to a flash estimate from Eurostat, the statistical office of the European Union.

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