International Internet Magazine. Baltic States news & analytics
Friday, 07.03.2014, 08:44
Latest data compiled by the Central Statistical Bureau of Latvia show that, compared to January 2013, industrial production in January of this year (according to calendar adjusted data at constant prices) has dropped by 11%.
Keyword tags: Analytics, Industry, Latvia, Markets and Companies, Metals Market
According to the preliminary data of Statistics Estonia, in 2013 the total profit of the business sector was 3.1 billion euros, which was 5% more than the year earlier. The increase in the enterprise sector’s total profit continued for the fourth year in a row.
New round of the UN climate change negotiations starts in Bonn (10-14 March 2014), marking the beginning of an intense year of conferences and summits designed to lead to a universal agreement in Paris in late 2015. Bonn meeting includes attempts towards the new global climate agreement, to enter into force from 2020, and finding ways to boost immediate, effective climate action.
Lithuania's Prime Minister Algirdas Butkevicius presented the objectives and priorities of the Government for 2014 in the Lithuania's Economic Conference held for the sixth time, informs LETA/ELTA.
Although growth slowed in Estonian exports in 2013, market share increased in the markets of Estonia’s eleven main trading partners a little faster than before in the first three quarters of the year, and was 5.5% bigger over the year, LETA/Eesti Pank announced.
In 2013, investment in tangible fixed assets within the territory of the country amounted to LTL 16.6 billion (EUR 4.7 billion) and, compared to 2012, grew by 12.3%, informed LETA/ELTA, referring to the Statistics Lithuania.
Lithuania's Minister of Finance Rimantas Sadzius said that the trilateral council was not considering the issue related to the minimal monthly salary increase up to EUR 300 or LTL 1036; however, according to him, such an opportunity existed, informs LETA/ELTA.
The average monthly gross salary increased the companies, institutions and organisations in all Lithuanian districts in the fourth quarter of 2013 compared to the third quarter, informed LETA/ELTA, referring to the Statistics Lithuania.
Results of the survey on income and living conditions carried out by the Central Statistical Bureau show that in 2013 housing maintenance expenditure of households1 has increased, reaching 134 euros per month.
According to Statistics Estonia, in January 2014, the production of industrial enterprises decreased by 1% compared to January of the previous year. The decline in production was caused by a decrease in electricity production; however, the production in manufacturing and mining increased slightly.
Latvia recorded 3.6% economic growth in the last quarter of 2013 as compared with the fourth quarter of 2012, which was the second-fastest growth in all of the European Union member states for which data are available, according to the EU statistical office Eurostat release. Romania registered the fastest economic growth of 5.1%, whereas Latvian and Lithuanian economies increased by 3.6%, writes LETA.
Retail trade turnover in Latvia increased 3.2% in January 2014, compared to January 2013, the ninth steepest increase in all European Union countries for which data are available, according to the latest data from the EU's statistical office Eurostat. Increase in Estonia made 8% and in Lithuania 4.8%, informs LETA.
An adult Estonian resident eats fish or fish products once a week and the consumption frequency has started to increase in the past couple of years, LETA/Äripäev.ee reports.
Today, on 5 March, Statistics Estonia launched an Internet-based map application, which enables to create thematic maps and perform spatial queries based on the results of the 2011 Population and Housing Census (PHC).
The survey of the small and medium-sized enterprises carried out by the SEB bank revealed that only third of the enterprises in Lithuania planned the innovations in 2014 and the biggest part of them planned to introduce new product or service, reports LETA/ELTA.