International Internet Magazine. Baltic States news & analytics
Monday, 09.12.2013, 17:23
Data compiled by the Central Statistical Bureau of Latvia indicate that, in the 3rd quarter of 2013, Gross Domestic Product (GDP) at current prices comprised LVL 4.3 billion (EUR 6.1 billion).
Compared to November 2012 (1), average level of consumer prices in November 2013 reduced by 0.4%; prices of goods decreased by 1.0%, while prices of services rose by 1.0%. In comparison with the previous 12 months2, average level of consumer prices during the last 12 months increased by 0.1%.
Latest seasonally adjusted data (at current prices) compiled by the Central Statistical Bureau of Latvia show that, compared to September 2013, manufacturing turnover in October 2013 has increased by 1.5%, of which by 2.5% in domestic market and by 0.3% in export. Manufacturing turnover (1) characterises monthly changes in demand for industrial goods and services on the market.
According to the second estimates of Statistics Estonia, the gross domestic product (GDP) of Estonia increased by 0.7% in the third quarter of 2013 compared to the same quarter of the previous year.
During a meeting today, the board of Latvian Federation of Pensioners supported the Welfare Ministry's strategy for indexing pensions in 2014, informs LETA.
Switzerland tops the first Global Talent Competitiveness Index, whereas Latvia is ranked 30th. Estonia is ranked highest among all Baltic States – 23rd. Lithuania is ranked 39th, informs LETA.
Address by the President of the Republic of Uzbekistan H.E. Mr. Islam Karimov at the Grand Ceremony Dedicated to the 21st Anniversary of Adoption of the Constitution of the Republic of Uzbekistan, given to BC by the Embassy of Uzbekistan in Latvia.
According to the data of Statistics Lithuania, in the first six months of 2013 companies have paid more than LTL 403 million (EUR 117 million) in corporate income tax. In the last quarter of 2012, compared to the first quarter of 2012, there was a sixfold increase of income tax paid, informs LETA/ELTA.
Statistics Lithuania informs that in November 2013, compared to October, prices for the total industrial production sold decreased by 0.1%, refined petroleum products excluded – by 0.2%. Over the year, prices for the total industrial production sold decreased by 3.2%.
According to Statistics Estonia, there were 8,600 job vacancies in the enterprises, institutions and organisations of Estonia in the 3rd quarter of 2013. Compared to the same period of the previous year their number increased by 12.3%, and compared to the previous quarter by 12.7%.
According to Statistics Estonia, the change of the consumer price index in November 2013 was –0.4% compared to October 2013 and 1.5% compared to November of the previous year. Both the monthly and annual change were influenced the most by housing expenditures.
For the year 2014, Estonian enterprises forecast turnover growth and moderate success on export markets – although investment and innovation activity leave something to be desired, the survey 'Business Barometer 2014', conducted among SEB's business clients, indicated, cites LETA.
The prices of several products in Riga supermarkets in December 2013 have grown several times over the past 10 years, according to data from the Agricultural Market Promotion Center, cites LETA/Nozare.lv.
Optimistic, but with the obvious lack of the social justice. Such is the evaluation of the improved draft budget for 2014 in Lithuania, informs LETA/ELTA, referring to Lietuvos rytas.
Forbes Magazine has ranked world's top 25 countries to do business in and ranked Lithuania 25th, right behind Germany. Estonia is ranked even higher – 23rd and Latvia is placed 35th, informs LETA/ELTA.