Analytics

International Internet Magazine. Baltic States news & analytics Wednesday, 12.08.2020, 04:01

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In Q2, construction output in Latvia fell by 0.6%

In Q2, construction output in Latvia fell by 0.6%

11.08.2020

The latest data compiled by the Central Statistical Bureau of Latvia (CSB) show that, compared to the 2nd quarter of 2019, in the 2nd quarter of 2020 construction output (1) reduced by 0.6 % (according to calendar adjusted data at constant prices). Construction output in construction of buildings decreased by 5 %, in civil engineering – by 7.7 %, but in specialised construction activities it rose by 12.3 %.

Keyword tags: Analytics, Construction, Covid-19, Latvia, Real Estate



In June foreign trade turnover of Latvia was 3.5% less than a year ago

In June foreign trade turnover of Latvia was 3.5% less than a year ago

11.08.2020

Provisional data of the Central Statistical Bureau show that in June 2020 the foreign trade turnover of Latvia amounted to EUR 2.1 bn, which at current prices was 3.5 % less than a year ago, of which the exports value of goods dropped by 1.4%, but imports value of goods – by 5.2%.

Lithuania posts 1.7% average annual HICP inflation in July

Lithuania posts 1.7% average annual HICP inflation in July

11.08.2020

Lithuania's average annual inflation rate, as measured by the EU Harmonized Index of Consumer Prices (HICP), edged down to 1.7 percent in July, figures from Statistics Lithuania showed on Tuesday, cites LETA/BNS.


Resumption of economic growth in Latvia faster than expected

Resumption of economic growth in Latvia faster than expected

11.08.2020

Consumer price data for July shows that Latvia has been returning to economic growth faster than initially expected, as prices have starting to rise again after just two months of deflation, the Finance Ministry informed LETA.

Experts: fast economic rebound has dispelled worries about prolonged deflation in Latvia

Experts: fast economic rebound has dispelled worries about prolonged deflation in Latvia

10.08.2020

A fast rebound of the Latvian economy has dispelled concerns about a prolonged deflation, although seasonality might cause consumer prices to drop again in August, the surveyed bank analysts told LETA.


10.08.2020

In July, annual inflation in Latvia made 0.5%

The latest data of the Central Statistical Bureau (CSB) show that in July 2020, compared to July 2019, the average level of consumer prices* increased by 0.5 %. Prices of services went up by 1.6 %, while prices of goods didn’t change.

10.08.2020

Estonia's registered unemployment grows to 7.8% in July

The number of registered unemployed in Estonia was 50,701 at the end of July, making up 7.8% of the total number of workforce from age 16 to retirement age, informed LETA/BNS.

10.08.2020

Exports in Estonia reached last year’s level in June 2020

According to Statistics Estonia, in June 2020, compared to June 2019, the exports of goods remained at the same level and imports decreased by 8%. In the second quarter of 2020, exports decreased by 15% and imports by 18% year on year.

07.08.2020

Small drop in unemployment observed for first time since appearance of Covid-19 in Latvia

Since the beginning of the Covid-19 crisis in Latvia this past March, when there was a substantial rise in the unemployment levels, a small drop in unemployment has been observed for the first time during this period, State Employment Agency director Evita Simsone told LETA.

07.08.2020

Estonia's consumer price index down 0.9% on year in July

According to Statistics Estonia, the change of the consumer price index in July 2020 was 0.0% compared to June 2020 and -0.9% compared to July 2019. Goods were 0.2% and services 2.0% cheaper.

07.08.2020

Lithuania's exports fell by 8.4%, imports down 14.2% in H1

Lithuania's exports contracted by 8.4 percent in January-June 2020 from a year earlier to 13.187 billion euros, and its imports shrank by 14.2 percent to 13.511 billion euros, the country's statistics office said on Friday, cites LETA/BNS.

07.08.2020

1Partner: Expectations of price drop in Estonian real estate market diminishing

Expectations of a price drop in the Estonian real estate market have largely diminished and property valuers are currently not adjusting their figures downwards, Martin Vahter, manager of real estate brokerage 1Partner Kinnisvara, said LETA/BNS.

07.08.2020

Estonia's new car sales down 17.2% on year in July

The number of new cars sold in Estonia in July this year, more than 2,000, was smaller by 17.2% than the number of new cars sold in July 2019; however, the market is recovering from the slump caused by the coronavirus pandemic, writes LETA/BNS.

06.08.2020

Latvia lags behind its neighbors by digital quality of life

Latvia took the 27th position among 85 countries of the world in the Digital Quality of Life Index, lagging behind its neighbors Estonia (13th) and Lithuania (21st), according to a study by privacy protection company Surfshark, cites LETA.

06.08.2020

SEB Banka issues EUR 390 million in loans to companies in H1

SEB Banka issued loans in the amount of EUR 390 mln to companies in the first six months of this year, which is 93% more than in the same period last year, as the bank's representatives informed LETA.

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