International Internet Magazine. Baltic States news & analytics
Wednesday, 01.10.2014, 23:17
According to Statistics Estonia, in August 2014, the production of industrial enterprises rose 3% compared to August of the previous year. The production increased in manufacturing, while in mining and energy the production decreased.
Keyword tags: Analytics, Estonia, Good for Business, Industry, Markets and Companies
According to Statistics Estonia, in August 2014 compared to August of the previous year, the retail sales of goods of retail trade enterprises increased 7% at constant prices. In July, the retail sales increased 9% compared to the same month of the previous year, whereas in August the retail sales growth decelerated a little.
In a United Nations global survey, in tandem with "HelpAge International", the so-called aging index was tabulated after examining the situation in 96 countries, informs LETA.
The Aon Hewitt Company has completed collating data for the Best Employees 2014 study. For the first time, comparative data on employee satisfaction in various industries in the Baltic countries have been incorporated into the study along with the data for eleven Central and Eastern Europe countries, informed BCAon Baltics employee motivation and insurance programme manager Olga Condorfa.
President Dalia Grybauskaite is the richest among the top three Lithuanian politicians. Her assets amount to LTL 2.45 million (EUR 710,000) and she has no debt, informs LETA/ELTA.
The annual inflation in the eurozone has decreased to 0.3%, as compared to 0.4% in August 2014, the Statistical Office of the European Union, Eurostat announced on Tuesday, cites LETA.
Latvia's GDP growth in the second quarter of the year 2014 was the slowest amongst the Baltic countries, Nordea bank expert Gints Belevics points out, cites LETA/Nozare.lv.
Data compiled by the Central Statistical Bureau show that Gross Domestic Product (GDP) at current prices in the 2nd quarter of 2014 was 5.9 bln euros.
Statistics Lithuania informs that an annual publication International Migration of the Lithuanian Population 2013 has been released. The publication presents statistical information on international migration processes and their influence on the demographic development, labour market and standard of living.
Data of Central Statistical Bureau (CSB) show that, compared to July, the total retail trade turnover in August 2014 dropped by 0.2%, according to seasonally adjusted data at constant prices. Compared to August 2013, the total retail trade turnover in August 2014 increased by 3.9%.
Estonian business paper Äripäev's annual TOP 500 of the wealthiest people in Estonia declares railway businessman Oleg Ossinovski the wealthiest person in Estonian for the second year in a row, LETA/Public Broadcasting reports.
Estonian Ministry of Agriculture predicts Estonia's grain harvest in 2014 at a record 1.2 million tonnes, which is by 22% more than last year, LETA/Postimees Online reports.
Recovery in domestic demand, observed last year and in the first half of 2014, was the result of better expectations of businesses and consumers. Unfortunately, geopolitical tension and uncertainty which growing due to external threats is pushing the expectation curves down, says Indre Genyte-Pikciene, chief analyst of DNB, cites LETA/ELTA.
Statistics Lithuania informs that construction input prices in August 2014, against July, increased by 1.1%. Over the year (August 2014, against August 2013), construction input prices increased by 2.3%.
Ernst & Young lowered in the fresh Eurozone economic forecast the economic growth forecast for Estonia and the Eurozone as a whole, reports LETA.