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Sunday, 25.09.2016, 11:50
Agricultural produce purchase prices in Lithuania dropped by 3.5% in August compared with a year ago, data from Statistics Lithuania showed on Friday, reports LETA/BNS.
Keyword tags: Agriculture, Analytics, Lithuania, Statistics
According to a fresh study carried out by the consultation company Fontes, the wage gap between women and men has increased this year by 1 ppt compared with 2015, informs LETA/BNS.
According to Statistics Estonia, in August 2016, the producer price index of industrial output changed by 0.2% compared to July 2016 and by -1.3% compared to August 2015.
Data compiled by the Central Statistical Bureau (CSB) show that, compared to July, in August 2016 the level of producer prices in Latvian industry increased by 0.6%.The level of prices of products sold on the domestic market increased by 0.9%, whereas the prices of exported products rose by 0.2%. The level of producer prices of exports to euro area countries increased by 0.4%, and the level of prices of exports to non-euro area countries grew by 0.2%.
Industrial production and sales in Lithuania grew by 1.8% to 11.9 bln euros in the first eight months of 2016 year-on-year, Statistics Lithuania said on Wednesday. Seasonally- and workday-adjusted industrial growth rate was 1.5%, report LETA/BNS.
Some 3.166 mln passengers arrived in and departed from Lithuanian airports in the first eight months of this year, up by 13.8 % year-on-year, informs LETA/BNS.
Executive Secretary of the the United Nations Framework Convention on Climate Change (UNFCCC) Patricia Espinosa in her article in Huffington Post, underlined the urgency of states’ actions in climate actions and sustainability. The current rate of progress will only deliver success through every one’s extensive sustainability efforts…
EU’s supranational administration concerning extensive economic integration requires more active oversight in capital and financial sectors. The British “City of London” is a renowned world financial leader being an efficient financial actor in both the UK and EU’s economy. However, Brexit can damage that position argued some experts, acknowledging an impending tragedy.
Lithuania recorded a current account deficit of 417.3 mln euros for the first half of this year, which accounted for 2.3 % of GDP for the period, the central bank said.
According to Statistics Estonia, in the 2nd quarter of 2016, the Dwelling Price Index changed by 3.1% compared to the 1st quarter and by 1.8% compared to the 2nd quarter of 2015.
The macroeconomic indicators available at this time unfortunately confirm our previously expressed concern: the Latvian economy is cooling down. The year 2016, in all likelihood, will be the year with the lowest growth since the crisis, reports in Forecasts of Latvijas Banka.
The frequency of ordering products and services online in Estonia is increasing among users of e-commerce
According to Statistics Estonia, in the 1st quarter of 2016, 86% of households in Estonia had Internet access at home. There has been an increase in the share of people having used e-commerce services more than five times in the last three months.
Commission's preliminary report on e-commerce sector in the EU confirms fast growth of e-commerce and identifies business practices that might restrict competition and limit consumer choice. The Commission's Digital Single Market Strategy has already identified a number of regulatory barriers that hinder cross-border e-commerce.
The European Commission is compiling a first common EU list of non-cooperative tax jurisdictions and presenting pre-assessment indicators on all third countries. Now the EU states can choose which countries should be screened more fully so as to accurately pinpoint the countries which do not play by the EU taxation rules. Thus, a new “tax good governance” regime has emerged…
Lithuania rose three notches to number fifteen, the highest ranking among the three Baltic countries, in the Fraser Institute's latest Economic Freedom of the World report, writes LETA/BNS.