Analytics

International Internet Magazine. Baltic States news & analytics Tuesday, 20.11.2018, 17:54

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European agriculture: policy’s effect for the Baltic States and Latvia

European agriculture: policy’s effect for the Baltic States and Latvia

20.11.2018

The role of agro-sector in the Baltic States is still quite significant: about 25-30 percent of the workforce in the Baltic States is engaged full-time or partially in agro-sector, including processing of agricultural products, forestry and fishing. A general agro-sector analysis in the EU and the Baltic States, as well as in Latvia, can help in streamlining national political and economic decision-making.

Keyword tags: Agriculture, Analytics, EU – Baltic States, Modern EU



Industrial producer price index in Estonia increased in October

Industrial producer price index in Estonia increased in October

20.11.2018

According to Statistics Estonia, in October 2018, the producer price index of industrial output changed by 0.3% compared to September and by 2.8% compared to October 2017.

Different roads lead to employment

Different roads lead to employment

16.11.2018

Photo by: Shutterstock In the third quarter, the number of employed persons in Latvia increased by 10.5 thousand quarter-on-quarter, while that of unemployed decreased by 6.6 thousand. Employment expanded not only on account of declining unemployment, but also as a result of the formerly inactive population entering the labour market.


Somersby most popular alcoholic beverage in Latvia

Somersby most popular alcoholic beverage in Latvia

16.11.2018

In the first nine months of the year, the Somersy brand cider produced by joint-stock Cesus Alus was the most popular alcoholic beverage in Latvia, according to information from the State Revenue Service writes LETA.

Quality, not quantity of state-run companies on stock exchange matters

Quality, not quantity of state-run companies on stock exchange matters

16.11.2018

The governance of state-run companies will become more transparent and their activities will be more effective if they are listed on the stock market, Masamichi Kono, deputy secretary general at the Organization for Economic Co-operation and Development, told the Lithuanian Verslo Zinios business daily, citing LETA/BNS.


15.11.2018

Pigu-Morele merger: new company might be sold off – competitor

After Pigu, Lithuania's largest e-trade company, on Wednesday announced its merger with Poland's Morele, the CEO of its competitor, Varle, warns that the planned merger is aimed at preparing the new company to be sold off later, reported LETA/BNS.

15.11.2018

Euro area international trade in goods surplus €13.1 bn

The first estimate for euro area (EA19) exports of goods to the rest of the world in September 2018 was €184.8 billion, a decrease of 1.0% compared with September 2017 (€186.6 bn). Imports from the rest of the world stood at €171.7 bn, a rise of 6.4% compared with September 2017 (€161.3 bn), reported Eurostat.

15.11.2018

Manufacturing: neither fish nor fowl, and lack of cooks and pots and pans

In the third quarter, manufacturing maintained similar growth rates to those in the second quarter. Overall, on the back of the accelerated increase observed last year, a more dynamic sectoral growth could be expected.

15.11.2018

Latvian employment rate constituted 65.3% in 3Q 201

Results of the Labour Force Survey conducted by the Central Statistical Bureau (CSB) show that 920.1 thousand people or 65.3% of Latvia population aged 15–74 (incl.) were employed in the 3rd quarter of 2018. Over the year, employment rate grew by 1.7 percentage points and number of employed persons by 17.2 thousand. Compared to the previous quarter, employment rate grew by 0.9 percentage points and number of employed persons by 10.5 thousand.

15.11.2018

Latvian unemployment rate constituted 7.0 % in 3Q 2018

esults of the Labour Force Survey conducted by the Central Statistical Bureau (CSB) show that in the 3rd quarter of 2018 Latvian unemployment rate constituted 7.0%. Compared to the previous quarter, unemployment rate fell by 0.7 percentage points, while over the year by 1.5 percentage points.

15.11.2018

Clean energy in the Baltics: preparing national plans for 2021-2030

European Parliament adopted proposals on new rules on renewables and energy efficiency in the member states. This is a vital step in assisting the Baltic States’ path towards transition to “clean energy” policies. However, the Baltic States’ governments have to do the homework: prepare national plans for 2021-30 concerning emission reduction, securing energy supply and rational use of existing resources.

14.11.2018

Works of construction enterprises in Lithuania

Statistics Lithuania informs that in III quarter 2018, the volume of construction work carried out in the country amounted to EUR 904 mln at current prices, and against the previous period, seasonally and calendar adjusted, increased by 2.2% (unadjusted – 16.9 %).

14.11.2018

In 3Q 2018, a decrease in the number of building permits issued for the construction of new buildings was observed in Lithuania

Statistics Lithuania informs that, based on the data from the building permits and state construction supervision information system the Republic of Lithuania (IS) Infostatyba, in III quarter 2018, against III quarter 2017, the number of building permits issued for the construction of new buildings (hereinafter referred to as the building permits) decreased by 12%, of which for the construction of new residential buildings – by 11.8%.

14.11.2018

Older persons are becoming more active in the labour market in Estonia

According to Statistics Estonia, in the 3rd quarter of 2018, the unemployment rate was 5.2%, the employment rate was 68.2% and the labour force participation rate was 72%. The unemployment rate remained low and is similar to that of economic boom years. The employment rate and the labour force participation are even higher than during the boom years. Employment of older persons is at a record high.

14.11.2018

New jobs could be created in Ida-Virumaa

Labour market data published on Wednesday show that unemployment remains low and shortages of labour are biting. The share of people in work varies widely across regions however, and there is most space for creating new jobs in Ida-Virumaa.

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