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Latvia Trade Deficit Narrows In May
Latvia Trade Deficit Narrows In May
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Latvia’s trade deficit decreased in May amid a fall in both the exports and imports amid the coronavirus pandemic, data from the Central Statistical Bureau showed on Friday.
The trade deficit narrowed to EUR 119.3 million in May from EUR 366.9 million in the same month last year. In April, the trade deficit was EUR 64.7 million.
Exports declined 16.8 percent annually in May and imports…
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Latvia Producer Prices Continue To Fall
Latvia Producer Prices Continue To Fall
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Latvia’s producer prices fell for the eighth month in a row in May, figures from the Central Statistical Bureau showed on Friday.
The producer price index fell 2.4 percent year-on-year in May, following a 2.1 percent decrease in April.
Among components, prices of electricity, gas, steam and air conditioning supply declined 6.7 percent annually in May and prices for manufacturing…
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Latvia Jobless Rate Rises In Q1
Latvia Jobless Rate Rises In Q1
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Latvia’s unemployment rate increased in the three months ended March, figures from the Central Statistical Bureau showed Friday.
The jobless rate rose to 7.4 percent in the first quarter from 6.0 percent in the fourth quarter.
In the corresponding period of 2019, the unemployment rate was 6.9 percent.
The number of unemployed people increased to 72,200 in the March quarter from 57,900 in…
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Latvia Inflation Eases In March
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Latvia’s consumer price inflation slowed in March, figures from the Central Statistical Bureau showed on Wednesday.
The consumer price index increased 1.4 percent year-on-year in March, after a 2.3 percent rise in February.
Prices for restaurants, hotels gained 3.6 percent annually in March. Prices for health and food rose by 3.5 percent, each.
Prices for clothing and footwear, and…
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Latvia Retail Sales Growth At 10-Month High
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Latvia’s retail sales grew to the highest in ten months in February, figures from the Central Statistical Bureau showed on Friday.
Retail sales increased 5.0 percent year-over-year in February, following a 1.6 percent rise in January.
The latest retail sales was the highest since April 2019, when it was 6.3 percent.
Turnover of retail trade in food products grew by 3.0 percent annually…
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Latvia Inflation Rises In December
Latvia Inflation Rises In December
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Latvia’s shopper worth inflation rose in December after easing within the earlier month, figures from the Central Statistical Bureau confirmed on Friday.
The patron worth index rose 2.Three p.c year-on-year in December, following a 2.1 p.c improve in November. In October, inflation was 2.Three p.c.
Costs for recreation and tradition elevated by 3.four p.c and people of eating places and…
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Latvia Producer Costs Fall In October
Latvia Producer Costs Fall In October
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Latvia producer costs declined in October, led by a pointy fall in costs for the export market, figures from the Central Statistical Bureau confirmed on Friday.
Producer costs decreased 0.2 p.c year-on-year following a 0.5 p.c improve in September.
Home market producer costs rose 1.7 p.c after a 1.eight p.c improve, whereas costs for the merchandise for export market decreased 1.9 p.c…
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Latvia Industrial Production Growth Slows In January
Latvia Industrial Production Growth Slows In January
Latvia’s industrial production growth eased at the start of the year, data from the Central Statistical Bureau showed Tuesday. Industrial production climbed a calendar-adjusted 4.2 percent year-over-year in January, slower than December’s 5.5 percent rise. The measure has been rising since September 2016. Among main groups, manufacturing production advanced 4.4 percent annually in January, while…
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