International Internet Magazine. Baltic States news & analytics
Thursday, 30.03.2017, 19:30
Calendar adjusted data (at constant prices) compiled by the Central Statistical Bureau (CSB) show that, compared to February 2016, in February 2017 the total retail trade turnover rose by 1.2%. Turnover of retail trade in food products declined by 1.3%, whereas turnover of retail trade in non-food products grew by 4.4%.
Keyword tags: Analytics, Latvia, Retail, Statistics
New loans to companies dropped somewhat in early 2017 compared to a year earlier. New housing loans grew by 10% in February year-on-year. Deposits grew faster than the banks’ loans and lease portfolio.
The dynamic of monetary indicators did not change in February. The amount of deposits attracted by banks and the balance of loans granted to enterprises underwent respectively moderate and slight growth. As a result, the indicators of the year-on-year rate of change for the main monetary indicators still remain in the positive sector.
Happiness is becoming an important factor in socio-economic development. Happiness is determined by several factors, such as income, employment, education, health and family life, etc. Recent World Happiness Report makes analysis of 155 countries by the happiness index. Happiness, as a new dimension in economic policies includes such determinants as caring, freedom, generosity, honesty, education, health, income and good governance.
European Social Fund, ESF has been an important driver of job creation, promoting better education, more modern public administrations and social inclusion, and therefore plying a key tool in the EU “social cohesion”. During 2014-2020 millions of people will benefit from ESF thanks to fund’s investments of €86.4 bln. These days the ESF turns 60!
The amounts of Latvia's exports and imports were both smaller than those of Lithuania and Estonia in January 2017, while Estonia reported the widest trade gap among the Baltic states, according to the Central Statistical Bureau's data.
Just 34% of Latvia’s small and medium-size businesses (SME) are using CRM software tools to organize their work, a survey by Miitech has found writes LETA.
According to the preliminary data of Statistics Estonia, in 2016, the Estonian general government surplus was 0.3% and the gross debt level was 9.5% of the gross domestic product.
According to Statistics Estonia, the Dwelling Price Index increased by 4.7% in 2016 compared to the average of 2015. In the annual comparison, the prices of apartments increased by 4.5% and the prices of houses by 5.4%.
The Bank of Latvia has raised the inflation forecast for this year from 1.6% to 2.7%, the bank reported.
Increasing the use of wood in construction and in everyday products plays an important role in tackling climate change, developing green jobs - particularly in rural areas - and boosting the bio-economy. Wood industry’s development is becoming a vital EU policy area to make European cities more save and sustainable.
Latvia reported the biggest decline in registration of new commercial vehicles (trucks and buses) for the first two months of this year, according to the latest report released by the European Automobile Manufacturers Association (ACEA).
Provisional data compiled by the Central Statistical Bureau (CSB) show that, compared to 2015, in 2016 the output of meat grew by 2% and output of milk by 0.8%. The most notable rise recorded in output of mutton and goat meat.
The average purchase price of raw milk in Estonia was 325.53 euros per ton in February, 40% higher than in the same month a year ago, Statistics Estonia said on Wednesday.
Over 50,000 people emigrated from Lithuania last year, in addition to nearly 14,000 in the first two months of 2017, according to the official statistics writes LETA/BNS.