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Friday, 22.08.2014, 08:55
Compared to June, producer prices in industry in July 2014 rose by 0.2%, according to the data of Central Statistical Bureau of Latvia. In July, compared to July of the previous year, the overall level of producer prices in the Latvian industry increased by 0.7%.
Keyword tags: Analytics, Industry, Latvia, Markets and Companies
Statistics Lithuania informs that in July 2014, industrial production totalled LTL 5.8 billion at current prices and, compared to June, grew by 5.5% at constant prices, seasonally adjusted – by 1.6%.
According to Statistics Estonia, in July 2014, the producer price index of industrial output changed by 0.6% compared to June 2014 and by –0.4% compared to July 2013.
Estonia's credit strengths are supported by steady economic growth that, demographic constraints notwithstanding, is aided by the country's diversified, albeit small, economy, its moderately high level of affluence and the longer-term prospects for economic convergence with the core euro area, Moody’s Investors Service said in its annual review of the Estonian economy, reports LETA.
During the seven months of this year 12 488 newborns were registered in the country, which is 554 babies more than in the first seven months of 2013. Provisional data of the Central Statistical Bureau of Latvia show that in July 2 019 babies were registered in the country, which is 94 newborns more than in July of the previous year (in June of this year – 1 813 newborns).
German Chancellor Angela Merkel's opinion on military solidarity can be considered a good signal for Latvia and the rest of the Baltic countries, Center for East European Policy Studies CEO Andis Kudors told LETA.
In July 2014, 17% of the polled stated that within the last two months economic situation improved in Lithuania, 56% said that it remained unchanged, while 23% indicated that economic situation worsened. 4% of respondents had no opinion on the matter, informs LETA.
230 out of 1,000 six-grade pupils or 22% of all answered in the wellbeing survey held for the first time in Estonia that one or both of their parents are working abroad, LETA/Eesti Päevaleht writes.
The economic war between Russia and the Western is and will be painful for both sides, however, Russia is incapable of winning it, Foreign Minister Edgars Rinkevics (Unity) said in an interview with the Latvian Television show "Rita panorama", informs LETA.
In the first half of this year, Latvia exported goods in amount of 4.8 bln euros, but imported – in amount of 6.0 billion euros.
Statistics Lithuania informs that, according to the Labour Force Survey data, in II quarter 2014, against I quarter 2014, the unemployment rate decreased by 1.2 percentage points; against II quarter 2013, it decreased by 0.5 percentage points. In II quarter 2014, the unemployment rate in the country stood at 11.2%. The male unemployment rate stood at 13.2%, female – 9.3%.
Latvia's economic growth in 2014 could reach 3.5%, according to the Economy Ministry's report on the macroeconomic situation in the country, cites LETA/Nozare.lv.
Statistics Lithuania informs that in II quarter 2014, against II quarter 2013, the volume of construction work carried out increased by 16.8% and amounted to LTL 2.2 billion. The construction work carried out within the country accounted for 94% (LTL 2.1 billion) of the total construction work, outside the country – 6% (LTL 132 million).
Statistics Lithuania informs that, based on the data from the Building Permits and State Construction Supervision Information System the Republic of Lithuania (IS) Infostatyba, in II quarter 2014, against II quarter 2013, the number of building permits issued decreased by 10.1%, of which for the construction of residential buildings – by 9.5%.
Annual inflation in Latvia was 0.6% this past July – the seventh highest across the European Union, according to the latest data from the EU's statistical office Eurostat, cites LETA.