Analytics

International Internet Magazine. Baltic States news & analytics Monday, 03.08.2015, 11:38

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In 2013, enterprises in Lithuania employed 935,000

In 2013, enterprises in Lithuania employed 935,000

03.08.2015

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



The euro area unemployment rate was 11.1% in June

The euro area unemployment rate was 11.1% in June

03.08.2015

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.

Almost a million Latvian residents shop online

Almost a million Latvian residents shop online

03.08.2015

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.


Dedicated to 725th anniversary: Ventspils in numbers

Dedicated to 725th anniversary: Ventspils in numbers

31.07.2015

Congratulating Ventspils residents with city's 725th anniversary, the Central Statistical Bureau (CSB) has compiled characteristics of Ventspils in numbers.

In June, the volume of industrial production in Estonia decreased by 3%

In June, the volume of industrial production in Estonia decreased by 3%

31.07.2015

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.

31.07.2015

In June, the growth in retail sales in Estonia accelerated even more

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.

31.07.2015

It’s proposed to raise fine for wages paid under the table to EUR 2,100 in Latvia

The Justice Ministry in Latvia is suggesting to raise the fine for wages paid under the table to EUR 2,100, informs LETA.

31.07.2015

EcoMin: main hindrance in obtaining loans is shadow economy in Latvia

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.

30.07.2015

In June, construction input prices in Lithuania grew by 1.8% y-o-y

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%.

30.07.2015

In Q2, GDP of Latvia rose by 1.2%

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).

30.07.2015

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.

30.07.2015

Real GDP in Lithuania grew by 1.3% in Q2

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.

30.07.2015

In June, retail trade turnover in Latvia increased by 0.8%

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%.

30.07.2015

Lithuania's development level is rising and EU's support will decrease after 2020

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.

30.07.2015

Third Estonian convicts are in prison for at least the fourth time

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.

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