Producer prices in Latvia’s industry rose by 0.4% in June 2023, compared to June 2022, according to data from the Central Statistical Bureau, LSM reports. Prices of products sold on the domestic market rose by 3.8%, while prices of exported products dropped by 3.6%. Compared to May 2023, producer prices in Latvian industry declined by…
The legal minimum wage in the Baltic States has risen the most in Lithuania over the past ten years, according to Eurostat data, LSM reports. Lithuania’s minimum wage stood at EUR 840 in July 2023, and has risen by an average of 11.2% per year compared to July 2013. In Estonia, the minimum wage has…
Latvia’s electricity consumption totalled 491 GWh in June 2023, which was the lowest monthly figure since June 2005, according to data from transmission system operator Augstsprieguma Tikls (AST), LSM reports. Electricity consumption declined by 9% over a year and 5% over a month. AST attributed the drop in consumption to the increasing number of microgeneration…
Latvia’s actual unemployment rate stood at 5.6% in June 2023, which was down 1.0 percentage point from a year earlier, according to the Central Statistical Bureau’s labour force survey, LSM reports. Compared to May 2023, the actual unemployment rate remained unchanged. The unemployment rate among men dropped by 0.1 percentage point over a year to…
Estonia’s producer price index (PPI) of industrial output fell by 1.9% on year in June 2023, according to Statistics Estonia, ERR reports. Compared to May 2023, the PPI dropped by 0.4%. The biggest impact on the index came from a fall in the price of electricity production and in the manufacture of wood products and…
Annual inflation in the Baltic States was highest in Estonia in June 2023, according to Eurostat data, LETA reports. Estonia’s inflation rate stood at 9% in June 2023, followed by Lithuania with 8.2% and Latvia with 8.1%. Compared to May 2023, inflation amounted to 0.8% in Estonia. Meanwhile, consumer prices went down by 0.1% in…
The cargo turnover of Latvia’s sea ports totalled 3.4mn tonnes in the first half of 2023, which was 14.2% less than in the same period of 2022, according to data from the Ministry of Transport, Baltic News Network reports. The Freeport of Riga handled 9.6mn tonnes of freight, followed by the Freeport of Ventspils with…
Latvia’s estimated population totalled 1.883 million people in the beginning of June 2023, according to preliminary data from the Central Statistical Bureau, LSM reports. The number of live births totalled 5,770 in the first five months of 2023, which was 1,022 (15%) less than in the same period of 2022. Altogether 2,966 boys (down 504)…
The number of live births recorded in Estonia totalled 915 in June 2023, which was down 11% from 1,031 in the corresponding month of 2022, according to data from the Ministry of Interior, ERR reports. Altogether 483 boys and 432 girls were born in June 2023. Deaths totalled 1,292, which was down 7.7% from 1,392…
