International Internet Magazine. Baltic States news & analytics
Wednesday, 01.10.2014, 02:57
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.
Keyword tags: Analytics, Economics, EU – Baltic States, GDP, Latvia, Markets and Companies
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.
The eurozone's Economic Sentiment Indicator (ESI) fell to 99.9 in September, as compared to 100.6 in August 2014, the European Commission said on Monday, cites LETA/DPA.
The Chinese economy comprised about 12.3% of the world total in 2013, according to the National Bureau of Statistics (NBS) on Sunday.
Statistics Lithuania informs that, based on provisional data, in August 2014, the turnover (VAT excluded) of retail trade enterprises* amounted to LTL 2698.4 million; against July, it decreased by 1.1% at constant prices (seasonally adjusted – by 0.1%).
Weaker lending in Latvia is threatening to slow down economic growth even more, Bank of Latvia President Ilmars Rimsevics told members of the press on September 26th, informs LETA/Nozare.lv.
According to Statistics Lithuania, the number of members of political parties increased by more than 6,000 in 2013 and reached 114,100 people by the end of the year. In other words, 4.7% of all adults were members of political parties, informs LETA/ELTA.
The Bank of Latvia predicts that Latvia's gross domestic product (GDP) in 2014 will increase by 2.9%, the Bank of Latvia President Ilmars Rimsevics told members of the press today, cites LETa/Nozare.lv.
After the Government decided to increase the minimum monthly salary to LTL 1,035 (EUR 300), member of the Lithuanian Peasant and Greens Union, Member of the European Parliament Bronis Rope addressed Prime Minister Algirdas Butkevicius claming that the decision has not been coordinated with municipalities beforehand and will rest on their shoulders, reports LETA/ELTA.