Analytics

International Internet Magazine. Baltic States news & analytics Tuesday, 22.08.2017, 10:18

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Arumae: rather than new crisis, Europe in for new period of economic growth

Arumae: rather than new crisis, Europe in for new period of economic growth

22.08.2017

There is no new economic crisis coming our way and Europe is in for a long period of economic growth, Ruta Arumae, economic analyst and teacher at Mainor business school, said on August 21st, cites LETA/BNS.

Keyword tags: Analytics, Direct Speech, Economics, Estonia, EU – Baltic States, Markets and Companies



Estonian unions would raise minimum pay to EUR 650 in 3 years

Estonian unions would raise minimum pay to EUR 650 in 3 years

22.08.2017

The Estonian Trade Union Confederation (EAKL) wishes the minimum pay in Estonia to be raised by 38% from the present 470 euros to 650 euros per month in three years, informs LETA/BNS.

Estonian crime numbers remain down 9% after 7 months

Estonian crime numbers remain down 9% after 7 months

22.08.2017

The number of crimes committed in Estonia in the first seven months of the year 2017 remain smaller by 9% than during the same period in 2016, informs LETA/BNS.


In July, the level of producer prices in Latvian industry grew by 0.4%

In July, the level of producer prices in Latvian industry grew by 0.4%

21.08.2017

According to data of the Central Statistical Bureau (CSB), compared to June, in July 2017 the level of producer prices in Latvian industry rose by 0.4%. The prices of products sold on the domestic market increased by 0.5%, whereas the prices of exported products grew by 0.3%. The prices of products exported to euro area countries rose by 0.5% and of products exported to non-euro area countries – by 0.1%.

The industrial producer price index in Estonia increased by 4.1% in July y-o-y

The industrial producer price index in Estonia increased by 4.1% in July y-o-y

21.08.2017

According to Statistics Estonia, in July 2017, the producer price index of industrial output changed by 0.4% compared to June and by 4.1% compared to July 2016.


21.08.2017

Dargis, Nauseda, Mockus top ranking of Lithuania's most influential business figures

Robertas Dargis, president of the Lithuanian Industrialists' Confederation, Gitanas Nauseda, adviser to SEB Bankas' president, and Darius Mockus, president of MG Baltic, one of Lithuania's biggest business groups, top the list of the country's most influential business people, economists and company executives, Delfi.lt reported, citing the results of two separate surveys commissioned by the news portal, cites LETA/BNS.

21.08.2017

Latvian FinMin raises GDP growth forecast to 3.7% in 2017

The Finance Ministry has raised Latvia's GDP growth forecast for the year 2017 to 3.7%, the ministry informs LETA.

21.08.2017

Over 70% Lithuanian households own PCs, have Internet access

73% Lithuanian households owned a personal computer and 75% had Internet access at home in the first quarter of this year, up by 1 and 2 percentage points year-on-year, respectively, a survey by Statistics Lithuania showed on August 18th, cites LETA/BNS.

21.08.2017

Lithuania's construction growth above EU average in Q2

Lithuania's annual construction output growth in the second quarter of 2017 was among the highest in the European Union, according to estimates released by the EU statistics office Eurostat on August 18th, cites LETA/BNS.

18.08.2017

Unemployment: lowest in the last 9 years in Latvia

The labour force survey data received today are not surprising: unemployment in Latvia continues to drop. At 8.9%, unemployment rate is the lowest since 2008 and lower than Latvia’s historical average. It is also slightly lower than the current euro area average. Moreover, unemployment may have even dropped slightly below the natural rate (Fig. 1).

18.08.2017

6,100 Latvian families with children have used government support to buy housing

Development Finance Institution Altum (Altum) has so far granted over 6,100 loan guarantees under the government support program helping families with children buy their first housing, Altum representatives told LETA.

18.08.2017

Lithuania posts EU's highest annual inflation in July

Lithuania registered the EU's highest annual inflation rate for July 2017, figures from the EU statistical office Eurostat showed on Thursday, cites LETA/BNS.

18.08.2017

Latvians' overall mood has become more upbeat

The overall mood of Latvia’s residents has become more upbeat lately, Teika Lapsa, a spokeswoman for Baltic International Bank, told LETA citing the bank’s latest Latvian Barometer survey.

18.08.2017

All 3 Baltic countries post annual growth of H1 exports

All three Baltic countries posted year-on-year growth in exports for the first half of 2017, figures from the EU statistical office Eurostat showed on August 16th, cites LETA/BNS.

17.08.2017

Only Estonia saw households' expenses rise in Baltics in July

The dynamics of average monthly household expenses was different in the three Baltic countries in July 2017, with downward movements compared with the preceding month registered in Latvia and Lithuania and a minor increase in Estonia, it appears froma survey by Baltic Market Insights (Baltmi), cites LETA/BNS.

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