Latvia’s average gross monthly wage amounted to EUR 1,525 in the second quarter of 2023, which was up 12.0% from the same period of 2022, according to the Central Statistical Bureau’s working-day and seasonally non-adjusted data, LSM reports. Average wages rose by 12.2% in the public sector and by 11.9% in the private sector over…
Estonia’s GDP totalled EUR 9.42bn at current prices in the the second quarter of 2023, which was up 5.1% from the same period of 2022, according to data from Statistics Estonia, ERR reports. Real GDP fell by 2.9% over a year, however. Compared to the first quarter of 2023, seasonally adjusted real GDP decreased by…
Estonia’s average monthly gross salary amounted to EUR 1,873 in the second quarter of 2023, which was up 12.4% from the same period of 2022, according to data from Statistics Estonia, The Baltic Guide reported. The highest average salaries were in information and communication (EUR 3,257), finance and insurance (EUR 2,953), and energy supply (EUR…
Altogether 263 companies in Latvia continue to export goods to Russia or Belarus, according to the Central Statistical Bureau, LSM reports. The data show that 169 businesses export goods to Russia and 94 to Belarus. The list includes 38 companies that began doing business with Russia or Belarus after the start of the full-scale Russian…
Latvia had a total of 62,200 people unemployed in July 2023, which was 4,100 less than a year earlier but 600 more than a month ago, according to the Central Statistical Bureau’s labour force survey, LSM reports. Latvia’s actual unemployment rate stood at 6.5% in July 2023, which was down 0.4 percentage points from a…
Estonia’s producer price index (PPI) of industrial output fell by 3.2% on year in July 2023, according to Statistics Estonia’s data, ERR reports. Compared to June 2023, the PPI fell by 1.0%. Producer prices fell by 1.1% over a year in manufacturing but rose by 5.8% in food production. Export prices declined by 3.0% and…
Latvia’s greenhouse gas emissions rose by 7.5% in the first quarter of 2023, compared to the same period of 2022, according to Eurostat data, LSM reports. The increase was the second highest in the EU. Overall greenhouse gas emissions in the whole EU decreased by nearly 3% over a year.
Latvia’s Central Statistical Bureau (CSB) has released a list of Latvian companies that continue to export to Russia and Belarus, LETA reports. Economy Minister Ilze Indriksone instructed CSB to publish the list, which includes nearly 1,000 companies. The most common goods exported from Latvia to Russia include food products, alcoholic beverages, chemicals, medical products, machinery,…
Estonia’s current account deficit stood at EUR 20.1mn in June 2023, compared to a deficit of EUR 92.4mn in June 2022, according to the Bank of Estonia’s flash estimate, ERR reports. Exports and imports of goods both fell by 10%, while service exports rose by 3% and imports by 2% over a year. The services…