International Internet Magazine. Baltic States news & analytics
Monday, 31.08.2015, 20:46
Data compiled by the Central Statistical Bureau (CSB) show that in the 2nd quarter of 2015, compared with the 1st quarter of 2015, gross domestic product (GDP) at constant prices, according to seasonally adjusted data, rose by 1.2%. Compared with the 2nd quarter of 2014, GDP rose by 2.7% both according to seasonally adjusted and seasonally unadjusted data.
According to Statistics Estonia, in July 2015, the production of industrial enterprises decreased by 6% compared to July of the previous year. Production decreased in manufacturing, energy production and mining.
According to Statistics Estonia, in July 2015 compared to July of the previous year, the retail sales of goods of retail trade enterprises increased by 9% at constant prices.
Statistics Lithuania informs that in July 2015, compared to June, construction input prices decreased by 0.4%. The change was mainly influenced by a 0.8% decrease in wages and salaries. Over the year (July 2015, against July 2014), construction input prices increased by 2.3%.
The obligation to register employment contracts that was implemented in July 2014 increased the number of people officially earning income by 21,000, writes LETA/National Broadcasting.
Initial data on second-quarter financial results in 2015 indicate that sales revenue generated by enterprises is falling, yet it has not prevented them from increasing their number of employees in Estonia, commented SEB, writes Äripäev.ee/LETA.
Latest data compiled by the Central Statistical Bureau (CSB) show that in the 2nd quarter of 2015 the average monthly gross wages and salaries in the country accounted for 815 euros.
Data of Central Statistical Bureau show that, compared to June, the total retail trade turnover in July 2015 rose by 0.3%, according to seasonally adjusted data at constant prices. Retail trade in food products rose by 0.5%, whereas turnover of non-food products – by 0.2%.
Statistics Lithuania informs that, based on more comprehensive business, tax and price statistics, in II quarter 2015, GDP at current prices amounted to EUR 9 284.7 million. Compared to the same period of 2014, the GDP change stood at 1.4% (1) (seasonally and working day unadjusted – 1.4%).
Led by Bolivia and El Salvador, Latin American countries dominate the top of the list of the most emotional countries in the world for 2014, where nearly six in 10 residents in each of these countries reported experiencing positive or negative emotions the previous day, according to a research by the Gallup Institute. Post-Soviet countries, including Latvia, largely dominate the list of countries at the other end of the spectrum, reports GALLUP.COM/LETA.
According to Statistics Estonia, in the 2nd quarter of 2015 compared to the same quarter of the previous year, the total production of Estonian construction enterprises in Estonia and foreign countries decreased 6%. The construction volumes have decreased for two years in a row.
Statistics Lithuania informs that, based on provisional data, in July 2015, the turnover (VAT excluded) of retail trade enterprises* amounted to EUR 816.7 million; against June 2015, it increased by 5.9% at constant prices (seasonally and working day adjusted – remained unchanged).
Despite widespread belief that Estonia has sufficient reserves in fresh water, the country might face severe water stress by 2040, revealed an international study, writes LETA/National Broadcasting.
Monthly wages in Latvia have increased 3.7% on the average, and the overall annual salaries by 5.5%, furthermore, most employers are planning to increase wages in 2016, reports LETA, according to the annual survey carried out by the human resource management consulting company Fontes.
According to the Tax and Customs Board, the average annual gross income per person in 2014 grew by 4.8% in the year-on-year comparison, to 11,758 euros, writes LETA/Postimees Online.