International Internet Magazine. Baltic States news & analytics
Friday, 13.12.2019, 16:37
The latest data of the Central Statistical Bureau (CSB) show that in November 2019, compared to November 2018, the average level of consumer prices* rose by 2.1%. Prices of goods increased by 1.8% and prices of services by 2.9%.
Keyword tags: Analytics, Inflation, Latvia, Retail, Statistics
Latvia's building materials and household goods chain Depo is to open its first store along with a warehouse next summer in the new business quarter named Avala in the Veerenni area of Tallinn, the total cost of the development and construction amounts to 45 mln euros., informed LETA/BNS.
According to Statistics Estonia, in October, the turnover of retail trade enterprises was 640 mln euros. The turnover increased by 4% at constant prices compared to October of the previous year.
Online second-hand clothing marketplace Vinted has raised 128 mln euros in a funding round, making it Lithuania's first "unicorn", a startup company valued at over 1 bn euros, informed LETA/BNS.
A fund of France's Corum Asset Management is buying a store in Kaunas from the owner of Latvia's DIY and household goods chain Depo, Colliers International, a real estate services firm that brokered the deal, said.
Lithuania's Akropolis Group hopes to present to the public the project for the construction of a new Akropolis shopping mall near Vingis Park in Vilnius, in the territory of the former Velga production facility, as early as this year, informed LETA/BNS.
The latest data of the Central Statistical Bureau (CSB) show that in October 2019, compared to October 2018, the average level of consumer prices* rose by 2.3 %. Prices of goods increased by 1.9% and prices of services by 3.0%.