International Internet Magazine. Baltic States news & analytics
Tuesday, 14.08.2018, 11:32
The latest data compiled by the Central Statistical Bureau (CSB) of Latvia show that, compared to the 2nd quarter of 2017, in the 2nd quarter of 2018 construction output increased by 31.6% (according to calendar adjusted data at constant prices).
Keyword tags: Analytics, Construction, Economics, Latvia, Statistics
Inflation and related growth in living standards were behind a rise in people living below the at-risk-of-poverty threshold in Lithuania last year, informs LETA/BNS referring to the economist Gitanas Nauseda, an adviser to the SEB bank's president.
Statistics Lithuania informs that in July 2018, against June, prices for the total industrial production sold increased by 1%, refined petroleum products excluded – 0.8%. The overall price change was influenced by an increase in prices for refined petroleum products, as well as chemicals and chemical products, and by a decrease in prices for food products.
Statistics Lithuania informs that, according to the Labour Force Survey data, in II quarter 2018, the unemployment rate stood at 5.9%. Against I quarter 2018, it decreased by 1.3 percentage points; against the respective period of 2017, it decreased by 1.1 percentage points. In II quarter 2018, the male unemployment rate stood at 6.5, female – 5.3%.
The registered unemployment rate in Latvia was at 6.4 percent of the economically active population at the end of July this year, or unchanged from June, according to the State Employment Agency's data.
More people came to Lithuania than left in July, a third month in a row, the latest figures from Statistics Lithuania show.
Provisional data of the Central Statistical Bureau (CSB) show that in June 2018 foreign trade turnover of Latvia amounted to EUR 2.37 bln, which at current prices was 9.1% more than in June 2017, of which the exports value of goods rose by 10.7% and imports value of goods by 7.9%.