Analytics

International Internet Magazine. Baltic States news & analytics Friday, 28.07.2017, 01:52

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In June, construction costs in Latvia grew by 0.2%

In June, construction costs in Latvia grew by 0.2%

27.07.2017

Data of the Central Statistical Bureau (CSB) show that, compared to May, in June 2017 the level of construction costs in Latvia increased by 0.2%. Labour remuneration of workers1 rose by 0.4%, prices of building materials grew by 0.2%, whereas maintenance and operational costs of machinery and equipment increased by 0.1%.

Keyword tags: Analytics, Construction, Latvia, Markets and Companies, Real Estate



The turnover of retail trade enterprises in Lithuania decreased by 1.7% in June

The turnover of retail trade enterprises in Lithuania decreased by 1.7% in June

27.07.2017

Statistics Lithuania informs that, based on provisional data, in June 2017, the turnover (VAT excluded) of retail trade1 enterprises amounted to EUR 866.4 million at current prices, and against May 2017, seasonally and calendar adjusted, decreased by 1.7% at constant prices (unadjusted – by 2.4%).

Turnover of trade and repair of motor vehicles enterprises in Lithuania grew by 0.6% in June

Turnover of trade and repair of motor vehicles enterprises in Lithuania grew by 0.6% in June

27.07.2017

Statistics Lithuania informs that, based on provisional data, in June 2017, the turnover (VAT excluded) of enterprises engaged in wholesale and retail trade, repair of motor vehicles and motorcycles amounted to EUR 296.2 million at current prices and, against May 2017, seasonally and calendar adjusted, increased by 0.6% at constant prices (unadjusted – decreased by 3.9%).


Lithuania's parties still in debt for 2016 general elections

Lithuania's parties still in debt for 2016 general elections

27.07.2017

Financial obligations of Lithuania's political parties that ran for the 2016 general elections have narrowed by a factor of three, however, the total debt remains at an impressive 482,000 euros, Lietuvos Rytas daily said, citing data from the Central Electoral Commission, informs LETA/BNS.

Latvian entrepreneurs have started working longer hours

Latvian entrepreneurs have started working longer hours

26.07.2017

Entrepreneurs in Latvia work eight hours and five minutes a day on average as compared to seven hours and 56 minutes a day in the fall of 2016, the latest Citadele Index survey shows, informs LETA.


26.07.2017

2 milion liters of beer brought into Estonia from Latvia in cross-border trade

The Estonian Ministry of Finance said that approximately 2 million liters of beer have been brought into Estonia in the first five months of this year, not the 7.1 million liters forecast by the Estonian Food Industry Association, cites LETA/BNS.

25.07.2017

Latvia shows one of the fastest improvements in the Global Retirement Index 2017

Latvia has been ranked 34th in the Global Retirement Index 2017 drawn up by Natixis Global Asset Management, which is two positions lower than last year. Other Baltic states have shown better results than Latvia this year, with Lithuania taking 31st and Estonia 26th position, informs LETA.

25.07.2017

Latvian Welfare Ministry trying to find a way to make all residents make at least minimum social contributions

Welfare Ministry's proposal that all those involved in economic activity or earning royalties should pay 5% social contributions is an attempt to achieve that all residents make at least the minimum social contributions to the budget, Welfare Minister Janis Reirs (Unity) said in an interview with Latvian Radio this morning, cites LETA.

25.07.2017

Rietumu experts: volatility back to life

The specialists of Rietumu Group have prepared an overview on the return of the investment funds of Rietumu Asset Management (RAM) for June 2017. Along with information on the structure and dynamics of the funds, the review contains the traditional analysis of the current political events and key economic factors that exert an influence on financial markets, informed BC Eleonora Gailisha from the bank’s mass media and public relations.

25.07.2017

In Estonia and Lithuania the registration of new commercial cars increased, in Latvia decreased in H1

During the first six months of 2017, Latvia showed the sixth fastest drop in the registration of new commercial transport vehicles (trucks and buses) in Europe, writes LETA, according to the latest data released today by the European Automobile Manufacturers' Association (ACEA).

25.07.2017

21,000 e-residents have been issued Estonian digital IDs

The Estonian Police and Border Guard Board (PPA) has issued a total of 20,657 digital IDs to citizens of 138 foreign countries as of December 2014, writes LETA/BNS.

25.07.2017

Latvian FinMin: steep rise of minimum wage can fuel shadow economy

A steep rise of the minimum wage can fuel growth of the shadow economy but the State Revenue Service will clamp down on this illegal activity, Latvian Finance Minister Dana Reizniece-Ozola (Greens/Farmers) told journalists on July 24th, reports LETA.

24.07.2017

Debt liabilities of Estonian businesses up 2.5% in Q1

The debt liabilities of Estonian businesses increased 2.5% on year in the first quarter of the year 2017, while economic growth has also accelerated the debt growth of businesses and households, the Bank of Estonia said, cites LETA/BNS.

24.07.2017

More than half employers in Latvia pay below minimum wage

More than half of employers in Latvia pay below minimum wage to their employees, said State Revenue Service representative Sandra Karklina Admine in an interview with the Latvian public television on July 24th, cites LETA.

24.07.2017

Moody’s affirms Estonia's A1 rating with stable outlook

The international rating agency Moody’s Investors Service has affirmed Estonia's A1 government bond rating with a stable outlook, informs LETA/BNS.

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