Latvia’s total retail trade turnover decreased by 2.1% over a year in 2023, according to the Central Statistical Bureau’s (CSP) calendar-adjusted data at constant prices, LSM reported. Retail sales of food products went down by 3.5% and non-food products (except for automotive fuel) by 2.3%, while retail sales of automotive fuel went up by 1.3%.
Latvia’s annual GDP declined by 0.6% in 2023, according to the Central Statistical Bureau’s (CSP) provisional data. In the fourth quarter of 2023, the GDP dropped by 0.5% over a year, according to seasonally and calendar unadjusted data. Growth in manufacturing stood at 3.6%, while services went down by 0.7%. According to seasonally and calendar-adjusted…
The number of unemployed people in Latvia totalled 63,100 at the end of 2023, which was 700 more than in the same period of 2022, according to the Central Statistical Bureau’s (CSP) estimate, LSM reports. The country’s actual unemployment rate stood at 6.6%, which was unchanged from a year earlier. The number of unemployed men…
