International Internet Magazine. Baltic States news & analytics
Tuesday, 24.01.2017, 03:05
The results of the survey conducted by the Central Statistical Bureau (CSB) in 2016 show that, compared to 2014, in 2015 the most rapid household disposable income1 growth – of 10.6 % – was observed in the poorest households (belonging to the 1st quintile group). The average annual income increase in the country accounted for 7.6 %. The smallest increase was recorded in the households belonging to the 2nd quintile group – of 4.8%. In the richest households (those belonging to the 5th quintile group) the annual income rise (comprising 5.7%) was smaller than the national average.
Keyword tags: Analytics, Society, Statistics, Wages
Results of the survey conducted by the Central Statistical Bureau (CSB) in 2016 show that,compared to 2014, in 2015 household disposable income1 increased by 7.6 %, reaching 417 euros per household member monthly. Compared to the increase recorded in previous years – 9.3% in 2014 and 10.7% in 2013 – the income growth rate has slowed down slightly.
Production in Latvia's construction sector in the third quarter of 2016 decreased 22 % as compared to July-September 2015, which was the biggest drop across the European Union member states, according to Eurostat's revised data.
According to the data of the Central Statistical Bureau (CSB), the Latvian external trade turnover dropped slightly (0.6%) month-on-month. Within a month, the goods export and import values dropped by 0.1% and 1.1% respectively. Year-on-year, the goods export and import values posted positive growth by 3.4% and 3.2% respectively, which is a good performance, given the still low level of external demand.
Lithuania and Latvia were the two Balts to post a decline in exports in the January-November period of 2016 year-on-year, while Estonia observed an increase, Eurostat said on Monday.
Last year 13,923 births were registered in Estonia, data of the Interior Ministry's population facts department show LETA/BNS.