International Internet Magazine. Baltic States news & analytics
Friday, 06.03.2015, 16:06
Latest data compiled by the Central Statistical Bureau show that, compared to December 2014 industrial production volume in January 2015 (according to seasonally adjusted data at constant prices) declined by 3.1%.
Keyword tags: Analytics, Industry, Latvia, Markets and Companies
According to Statistics Estonia, the change of the consumer price index in February 2015 was 0.6% compared to January 2015 and -0.8% compared to February of the previous year.
In response to the International Monetary Fund's recommendation to discontinue reducing the personal income tax rate, Prime Minister Laimdota Straujuma (Unity) notes that tax reductions is not an urgent issue, Straujuma's press secretary Aiva Rozenberga informed LETA.
Estonian people throw away an average of 20 kilograms of food per year; in the whole of Estonia, 63 million euros worth of food is thrown away a year, Public Broadcasting cites a Sustainable Estonia Institute study, cites LETA.
On 1 March 2015, there were 174,400 unemployed people registered at the Lithuanian Labour Exchange, by 34,200 less compared with the same period last year. 9.6% of the working age population was unemployed, informs LETA/ELTA.
Statistics Lithuania informs that an annual publication Investment in Tangible Fixed Assets and Construction 2014 has been released. The publication provides the main statistical information on investment in tangible and intangible fixed assets, construction work carried out by cons¬truc¬tion enterprises, building permits issued and residential and non-residential building construction.
According to Statistics Estonia, in January 2015, the production of industrial enterprises increased by 2% compared to January of the previous year. Production increased in manufacturing and mining, but decreased in energy production.
The Austrian capital Vienna has the highest quality of life of any city in the world, followed by Zurich in Switzerland and Auckland, New Zealand, according to a survey published Wednesday. The highest ranking Baltic city was Vilnius (79th), followed by Tallinn (88th), and Riga (89th), informs LETA/AFP.
In 2013, the gender pay gap stood at 16.4% in the European Union (EU). The gender pay gap represents the difference between average gross hourly earnings of male paid employees and of female paid employees as a percentage of average gross hourly earnings of male paid employees, Eurostat, the statistical office of the European Union announced, cites LETA/ELTA.
The unemployment level has slightly increased in Latvia since January, Director of the State Employment Agency Inese Kalvane said in an interview with the LNT show "900 sekundes" this morning, cites LETA.
The Eurobarometer survey carried out in January revealed that 59% of the polled Lithuanians went on holiday abroad in 2014, informs LETA/ELTA.
Results of the survey on income and living conditions carried out by the Central Statistical Bureau (CSB) show that in 2014 housing maintenance expenditure of households (1) has slightly increased, reaching 138 euros per month.
In January 2015, compared with January 2014, the volume of retail trade increased by 6.7% in Latvia, which is the fifth best growth among the European Union member states for which data are available, according to latest information provided by Eurostat. In Lithuania, retail volume rose by 3.3%, but in Estonia – by 2.8%, writes LETA.
Banking sector is an important contributor to jobs and growth in the EU through the support for SMEs. The sector already provides in the EU-28 about €4 trillion in loans, a big share of which goes to SMEs. In some of the states, the sector’s share in SMEs’ lending is about 30-40%. Seeking to rebuild Europe's economy, this channel of funding shall be supported and developed.
Annual greenhouse gas (GHG) emissions in Lithuania amount to 4-5 tons per capita and are among the lowest in the European Union (EU), the European Environment Agency (EEA) said in a report The European Environment – State and Outlook 2015, informs LETA/ELTA.