International Internet Magazine. Baltic States news & analytics
Friday, 09.10.2015, 04:39
According to the latest data of the Central Statistical Bureau (CSB), compared to September 2014, the average consumer price level in September 2015 (1) declined by 0.5%.
Keyword tags: Analytics, Inflation, Latvia, Markets and Companies
On October 8, 2015, Estonia celebrates the first Entrepreneurs Day; Statistics Estonia wrote in it statistics blog that in 2014, there were nearly 114,000 economically active enterprises in Estonia, which is 53,000 more than ten years ago, informs LETA.
President Dalia Grybauskaite met with King Carl XVI Gustaf and Queen Silvia of Sweden, who are on a three-day state visit in Lithuania. During their meeting, the President and the Swedish royal couple discussed the results and prospects of longstanding and close bilateral cooperation. This is the second state visit by the King and Queen of Sweden in Lithuania after 23 years, reports BC presidential press service.
Experts polled by the Estonian Institute of Economic Research estimate that Estonia's economic climate has improved slightly as compared to three months ago, while the situation of the Estonian economy can be considered satisfactory, LETA/Public Broadcasting reports.
The factor affecting price levels most in Estonia is still energy, Estonia's central bank Eesti Pank said in comments to the September 2015 inflation data, cites LETA.
According to Statistics Estonia, the change of the consumer price index in September 2015 was –0.6% compared to August 2015 and –0.7% compared to September of the previous year.
Due to the weak first quarter and lower-than-expected exports, SEB lowered on Wednesday the economic growth forecast for Estonia for the year 2015 to 1.9% instead of 2.2% forecast earlier, LETA/Postimees Online reports.
The National Audit Office of Lithuania has completed the audit of 60 municipalities. The auditors found systematic problems in the fields of planning and allocating municipal budget, borrowing, organizing free meals for pupils, ensuring civil safety, road and street maintenance, municipal domestic transactions and financial reporting, the Audit Office reports BC.
Every fifth resident in Latvia, or 21%, have purchased illegal alcohol, cigarettes or gasoline the past year, according to a survey by SKDS, cites LETA.
Out of 100 persons in the EU in 2014, about 40 were living in densely-populated areas (or cities), 28 in thinly-populated (or rural) areas and 32 in intermediate areas (or towns and suburbs). There are significant discrepancies between the EU-28 states, some of them having a mainly urban population while in others the population is mainly rural.
At the autumn school of the Institute of Government and Politics of the University of Tartu, held on October 4th in Kääriku, the Governor of Eesti Pank Ardo Hansson commented on monetary policy, saying that it cannot affect economic growth over the long term, as the only way to ensure growth is through structural reform, reports LETA.
According to Eurostat, in Estonia is just every eighth schoolteacher is male, which is the EU's lowest indicator, LETA/Public Broadcasting reports.
In 2014, 47.6% of Lithuania's population lived in rural areas, while 42.9% – in densely populated areas (cities). 9.6% of residents lived in intermediate area, Eurostat, the statistical office of the European Union (EU), said. Out of 100 persons in the EU in 2014, 40 were living in densely-populated areas (or cities), 28 in thinly-populated (or rural) areas and 32 in intermediate areas (or towns and suburbs), writes LETA/ELTA.
Latest data compiled by the Central Statistical Bureau show that, compared to July industrial production volume in Latvia in August 2015 (according to seasonally adjusted data at constant prices) decreased by 1.4%.
By 1 October 2015, Lithuanian political parties had 118,813 members in total, according to data provided by 24 political parties to the Lithuanian Ministry of Justice, informs LETA/ELTA.