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[10-09-2010 12:46]: Latvia Foreign trade turnover in Latvia grew by 17.6% in January – July In July 2010 the total foreign trade turnover at current prices reached 874.8 mln lats – more by 7.6% or 62.1 mln lats than a month before and more by 34.6% or 225.1 mln lats than in July 2009, according to provisional data of Central Statistical Bureau. In January – July 2010 foreign trade turnover Read
[10-09-2010 10:32]: Latvia PM: Latvian economy may shrink about 2% this year Latvian PM Valdis Dombrovskis said the economy may contract about 2 percent this year, half the depth of the slump the government previously estimated. “This year’s budget was created while estimating for a recession of 4 percent, but the current estimate is that it will be about 2 percent,” he said Read
[09-09-2010 15:06]: Latvia Latvian economy shrank 2.1% in Q2 by revised figures Latvia’s economy shrank a revised 2.1 percent in the second quarter compared with a year earlier, Statistics Latvia said. The figure was lower than a preliminary estimate for a 3 percent decline, writes Bloomberg. Read
[09-09-2010 14:51]: Latvia Latvian consumer prices fell 0.3% in August on domestic demand Latvian deflation continued for an 11th month in August as a weak economy damped domestic consumption. Prices fell an annual 0.3 percent, compared with a 0.6 percent decline in July, according to Statistics Latvia. Read
[09-09-2010 12:22]: Latvia New car market in Latvia grew by 4.7% in August 3,078 new cars were registered in Latvia in the first eight months of 2010, or 4.7% more than in the same period last year, Latvian Authorized Automobile Dealers Association informed the business portal Nozare.lv. Read
[09-09-2010 12:18]: Latvia Auditor General: Latvia improved macro-indicators, but the economy is not developing "We have improved macro-indicators, the flow of money has increased, but the economy is not developing," said Auditor General Inguna Sudraba in an interview with Latvian State Radio. Read
[08-09-2010 17:45]: Latvia GDP of Latvia decreased by 2.1% in Q2 Compared to the second quarter of 2009 gross domestic product (GDP) in the second quarter of 2010 has decreased by 2.1%, according to the seasonally non-adjusted data of the Central Statistical Bureau of Latvia. Read
[08-09-2010 14:40]: Latvia Latvian consumer prices fell 0.3% in August on domestic demand Latvian deflation continued for an 11th month in August as a weak economy damped domestic consumption. Prices fell an annual 0.3 percent, compared with a 0.6 percent decline in July, according to Statistics Latvia. Read
[07-09-2010 17:46]: Latvia Non-financial investment in Latvia decreased by 38.7% in Q2 Non-financial investment* in Latvia in the 2nd quarter of 2010 was 250.3 mln lats (at current prices), according to the Central Statistical Bureau. In the 2nd quarter of 2010, compared to the 2nd quarter of previous year, value of non-financial investment (at constant prices) reduced by 38.7%. Read
[07-09-2010 17:31]: Latvia Number of television commercials in Latvia increased by 11% in August In August 2010, the number of television commercials in Latvia increased by 11%, compared with the same period last year, indicates information aggregated by the market, social and media research company TNS Latvia. Read
[06-09-2010 11:49]: Latvia Fitch Ratings upgrades Latvia's rating outlook Latvia's finance minister said on Friday ratings agency Fitch had upgraded the Baltic country's rating outlook to stable from negative due to improved financial and economic conditions. Read
[06-09-2010 11:45]: Latvia Latvia in July registers the smallest decrease in retail trade turnover in Baltics Retail trade turnover in Latvia in July 2010 contracted 2% year-on-year – the sixth biggest decrease among all the European Union member states, according to the EU statistical office Eurostat data released on Friday, September 3. Read
[06-09-2010 11:30]: Latvia Industrial production output in Latvia increased by 18% in July y-o-y In July 2010 industrial production output (at current prices) comprised LVL 339.2 mln, according to the data of Central Statistical Bureau. Compared to June 2010 industrial production volume in July 2010 grew by 2.3%, but compared to July of previous year it has increased by 18% Read
[06-09-2010 11:02]: Latvia Current account surplus in Latvia contracts to 6% of GDP in Q2 The surplus in the current account of Latvia's balance of payments contracted in the second quarter to 6% of gross domestic product, the Bank of Latvia press secretary Martins Gravitis informed the business portal Nozare.lv. The current account surplus amounted to LVL 183.8 million or 6% of GDP in t Read
[03-09-2010 14:36]: Latvia Exports of Latvian agricultural and food products on rise in H1 In the first six months of the year 2010 compared to the first half of 2009, exports of Latvian agricultural and food products increased from LVL 279.1 million to LVL 321 million, Latvian Agricultural Market Promotion Center informs. Read
[03-09-2010 14:23]: Latvia Latvia posted EU's steepest GDP fall in the second quarter Latvia's gross domestic product fell by 3.9% in the second quarter of the year 2010 as compared with the second quarter of 2009. It was the largest decrease among all the European Union member states, according to the latest Eurostat data. Read
[03-09-2010 10:34]: Latvia Rail freight in Latvia down, but road haulage up Rail freight carried in Latvia decreased 10.3% in a year, but road haulage increased 32.4% in the first half. Latvian Railways carried 25.3 mln tons of freight in the first half, according to the Central Statistical Bureau. Freight transport by road amounted to 20.5 mln tons or 32.4% more than a yea Read
[01-09-2010 16:17]: Latvia Freight carried by rail in Latvia decreased by 10.3%, by road increased by 32.4% in H1 25.3 mln tons of freight were carried by rail (Latvijas Dzelzcels) in Latvia in the 1st half of 2010, a decrease of 10.3% compared to 1st half of the previous year, according to the Central Statistical Bureau. In the 1st half of 2010 freight transport by road has reached 20.5 mln tons of freights, a Read
[01-09-2010 14:23]: Latvia Monthly gross wages in Latvia up 2.9% in Q2 Average monthly gross wages in Latvia in 2nd quarter of 2010 comprised 444 lats, and it is 13 lats or 2.9% more if compared to the 1st quarter, according to the data of the Central Statistical Bureau (CSB). Read
[01-09-2010 11:39]: Latvia SEB more optimistic about Latvia's economy SEB lowered its forecast for Latvia’s economic contraction this year due to a recovery in exports. The bank expects Latvia’s gross domestic product to shrink 1.5 percent, compared with a May forecast for a 2.8 percent contraction. Read
[30-08-2010 17:41]: Latvia Retail trade turnover in Latvia reduced by 0.5% in July Compared to June, total retail trade turnover (according to seasonally adjusted data at constant prices) in July 2010 reduced by 0.5%, according to the data of Central Statistical Bureau. Retail trade of food products has increased by 2.1%, but retail trade of non-food products has reduced by 1.8%. Read
[30-08-2010 17:14]: Latvia Retail trade turnover in Latvia down 2% in July Total retail trade turnover in July decreased 2% from a year ago by working (trade) day adjusted data at constant prices, according to the data of Central Statistical Bureau. Read
[27-08-2010 16:24]: Latvia Wood exports in Latvia grew by 43.1% in H1 Latvia's exports of wood and wood products in the first six months of 2010 totaled LVL 434.217 million, according to the Agriculture Ministry's data. This is 43.1% more than in the same period last year, the ministry said. Read
[26-08-2010 12:32]: Latvia Unit value of foreign trade in Latvia increased by 8.3 % for exported goods and by 4.2% for imported in Q2 Compared to the corresponding period of 2009, the unit value (UV) in the 2nd quarter of 2010 increased by 8.3% for exported goods and by 4.2% for imported goods, according to the data of the Central Statistical Bureau of Latvia. In its turn, compared to the previous quarter, unit value of exported g Read
[25-08-2010 12:39]: Latvia Latvia registered EU's second biggest increase in industrial orders in June In June 2010 compared with the same month in 2009, seasonally adjusted industrial new orders increased by 61.2% in Latvia, which was the second biggest increase across the European Union (EU), according to the EU statistical bureau Eurostat data. In Lithuania within one year, the industrial new orde Read
[24-08-2010 15:09]: Latvia Number of visitors in Latvian hotels increased by 8.3% in Q2 In comparison with the 2nd quarter of 2009, number of visitors in hotels and other accommodation establishments¹ in the 2nd quarter of 2010 increased by 8.3% and comprised 320.0 thsd people, according to the data of Central Statistical Bureau. Read
[24-08-2010 14:57]: Latvia Latvia's energy dependence grew fastest in EU in 2009 Latvia's energy dependence, ie the proportion of net imports in the entire structure of energy consumption, increased from 58.2% to 63.4% last year, which was the biggest increase across the European Union, according to the EU statistical bureau Eurostat. Read
[23-08-2010 16:43]: Latvia Latvian producer prices up by 6.2% in a year Producer prices in Latvian industry increased 6.2% in a year in July, according to Central Statistical Bureau of Latvia. Month on month, producer prices remained flat. Read
[16-08-2010 15:35]: Latvia Foreign trade volume in Latvia increased of by 14.5% in January – June The provisional data of the Central Statistical Bureau show that in January – June 2010 total volume of goods in foreign trade of Latvia at current prices reached LVL 4562.0 mln – an increase of LVL 576.2 mln or 14.5%, if compared to January – June 2009. Of which volume of export grew by LVL 383.9 m Read
[16-08-2010 15:13]: Latvia Construction in Latvia has reduced by 19.5% in Q2 compared to Q1 In the 2nd quarter of 2010 construction volume (at current prices) comprised LVL 174.0 mln, according to the data of Central Statistical Bureau. Compared to the 1st quarter of 2010, construction in 2nd quarter of 2010 has reduced by 19.5%, but compared to the corresponding quarter of previous year, Read

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