International Internet Magazine. Baltic States news & analytics
Monday, 03.08.2015, 11:38
Statistics Lithuania in its annual publication Structural Business Statistics Indicators 2013 reports that back in 2013, there were about 183,000 active enterprises in the country, which employed about 935,000 people. Over the year, the number of enterprises increased by 9.2%, the number of persons employed in them – by 4.3%, informs LETA/ELTA.
Keyword tags: Analytics, Business, Employment, Financial Services, Lithuania, Markets and Companies
In June 2015, Lithuania's seasonally adjusted unemployment stood at 8.5%, slightly up from May with 8.2% but down from 10.9% compared to June 2014. This June, there were around 127,000 job-seekers in Lithuania, Eurostat, the statistical office of the European Union (EU), reports. The euro area (EA19) seasonally-adjusted unemployment rate was 11.1% in June 2015, stable compared with May 2015, and down from 11.6% in June 2014, writes LETA/ELTA.
993,000 residents of Latvia aged 15 to 74 shop online, which constitutes 76% of all Internet users in Latvia, reports LETA, according to a study by the business consulting company Gemius.
Congratulating Ventspils residents with city's 725th anniversary, the Central Statistical Bureau (CSB) has compiled characteristics of Ventspils in numbers.
According to Statistics Estonia, in June 2015, the production of industrial enterprises decreased 3% compared to June of the previous year. Production decreased in manufacturing and energy production but increased in mining.
According to Statistics Estonia, in June 2015 compared to June of the previous year, the retail sales of goods of retail trade enterprises increased 10% at constant prices. Retail sales increased 6% in April and 8% in May compared to the same month of the previous year, whereas in June the retail sales growth accelerated even more.
The Justice Ministry in Latvia is suggesting to raise the fine for wages paid under the table to EUR 2,100, informs LETA.
Banks are prepared to issue loans to healthy companies, however, the main hindrance for companies to obtain loans is problems related to the shadow-economy, the Latvian Association of Commercial Banks points out, commenting Economy Minister Dana Reizniece-Ozola's (Greens/Farmers) recent statements that Latvian banks' lending policies are too passive, and thus hinder Latvia's economic growth, informs LETA.
Statistics Lithuania informs that in June 2015, compared to May, construction input prices increased by 0.5%. The change was mainly influenced by a 1.5% increase in wages and salaries. Over the year (June 2015, against June 2014), construction input prices increased by 1.8%.
In the 2nd quarter of 2015, compared with the 1st quarter of 2015, Gross Domestic Product (GDP) value (seasonally adjusted data) increased by 1.2%, according to flash estimate of the Central Statistical Bureau (CSB).
For the first time, statistics on the use of pesticides for separate agricultural cultures compiled in Latvia
For the first time Central Statistical Bureau of Latvia (CSB) has carried out survey and surveyed data on the use of pesticides in orchards, vegetable and potato areas, greenhouse cultures, as well as in maize areas. Using data obtained in 2014, as well as results from survey (1) on the use of pesticides for cereals and rape that was carried out in 2012, information is obtained to estimate possible risk to environment and health caused by pesticides.
Statistics Lithuania informs that in II quarter 2015 country's gross domestic product (GDP), estimated based on available statistical data and econometric models, amounted to EUR 9 274.9 million at current prices.
Data of Central Statistical Bureau (CSB) show that, compared to May, the total retail trade turnover in June 2015 rose by 0.8%, according to seasonally adjusted data at constant prices. Retail trade in food products rose by 1.6%, whereas turnover of non-food products – by 0.3%.
The good days are coming to an end: as Lithuania's development level is rising and catching up with the EU's average rate, the EU's support after 2020 will probably decrease sharply, reports LETA/ELTA, referring to Vakaro zinios.
In 2014, 2,307 persons convicted of a crime were serving a prison sentence in Estonia and a third of them were in jail for at least the fourth time, LETA/Postimees online reports.