Annual alcohol consumption in Estonia amounted to 11.2 litres of pure alcohol per capita in 2022, which was down from 14.8 litres in 2007, according to a report from the National Institute for Health Development (TAI), ERR reports. The report noted that alcohol consumption declined over 2012-2018, but began rising again in 2019 after a…
The Latvian parliament, the Saeima, has passed in final reading amendments to ban advertising of beer and wine on radio and TV, Baltic News Network reports. The ban will apply to advertisements that include information on prices and discounts. The restriction is aimed at reducing the total consumption and negative impact of alcohol on young…
The Latvian government plans to raise taxes on fuel, harmful beverages, tobacco, and gambling, LETA reports. Under the plan, the excise tax on fuel will amount to EUR 10 per tonne of CO2 in 2025 and to EUR 20 per tonne in 2026. The excise duty on sugary non-alcoholic beverages will rise from the current…
Estonia’s Ministry of Finance has proposed raising excise duties on alcohol, tobacco, and fuel by 5% per year over 2025-2028, ERR reports. The tax hikes would take effect as of 1 July 2025. The bill would raise alcohol and tobacco taxes more than initially planned for 2025 and 2026. Estonia’s excise tax on petrol has…
Consumer prices in Latvia rose by 0.7% in August 2024, compared to the same period of 2023, according to the Central Statistical Bureau’s (CSP) data, LETA reports. Compared to July 2024, consumer prices fell by 0.5%, however. Prices of food and non-alcoholic beverages increased by 3.5%, alcoholic beverages and tobacco by 7%, clothing and footwear…
Nearly half (45%) of Estonians have seen their financial situation worsen in the past year, according to a Norstat poll for SEB in December 2023, BNS reports. Consumers are therefore cutting back on expenses, including by taking advantage of discounts (62%), planning purchases more carefully (49%), and eating out less often (45%). Other cost-saving measures…
The average level of consumer prices in Latvia rose by 3.3% in September 2023, compared to the same period of 2022, according to the Central Statistical Bureau’s data, LSM reports. The rise in food prices accounted for 1.5 percentage points, alcohol and tobacco for 0.6 percentage points, and health care for 0.6 percentage points of…
The Latvian government does not plan to make major changes to taxation in 2024, Finance Minister Arvils Aseradens assured, LSM reports. He said that now was not a good time to make changes in VAT, labour taxes, personal income tax, or corporate income tax. However, the Ministry of Finance will propose raising the excise duties…
The municipal government of Estonia’s second-largest city, Tartu, is considering introducing new time restrictions on the sale of alcoholic beverages, ERR reports. The city council will discuss possible restrictions in October 2023. In spring 2023, the municipality agreed with most nightclubs in the city to close their doors half an hour earlier in summer. However,…
