In 2022 oil shale electricity production has seen increment
According to Statistics Estonia, power plants produced 8 910 gigawatt hours (GWh) of electricity and 5 074 GWh of heat in 2022. Compared…
Category: Business
Ministry of Finance: weak foreign demand reduces exports of Latvian goods
In recent months there has been a tangible rapid drop of foreign demand, which has had a negative impact on the development of…
Inflation is over and will continue at the same time, expert says
Disinflation comes with heating, writes Luminor Bank’s Pēteris Strautiņš, commenting on changes to consumer price in August, when their level in Latvia was…
Week in Lithuania: Foreign minister urges West to accelerate military aid to Ukraine, 198 new COVID-19 cases reported over a single day
Last week, Lithuania unveiled its 1st journalists’ protection plan; date for drills over Belarusian N-plant meltdown threat set President discussed Ukraine support with…
BNN ANALYSES | Where groceries are cheaper – in Lithuania or Latvia? Even border dwellers cannot agree
Linas Jegelevičius Unlike many Westerners, and even when stacked up against Latvians and Estonians, the average Lithuanian household spends more on food, Picodi,…
Over 11 000 job vacancies registered in Estonia in the second quarter
According to Statistics Estonia, in the second quarter of 2023, there were 11 079 job vacancies in the enterprises, institutions and organisations of…
Economists confident growth of actual wages has begun in Latvia
Data from the Central Statistical Bureau of Latvia (CSP) shows: after five quarters of lasting decline actual wages – ones influenced by inflation,…
Latvian dairy sector in panic; some companies consider closing down entirely
Dairy farms in Latvia are forced to sell property and cut down nearby trees to free up territory, feed their livestock and avoid…
Lower inflation does not promote consumption, says Citadele Bank economist
Inflation in Latvia went down rapidly in recent months. Since June it has been significantly below 10%. However, this has yet to bring…
