Inflation in Latvia reaches 19.3%
Compared to June 2021, the average level of consumer prices increased by 19.3 % in June 2022. Compared to June 2021, the average…
Category: Business
Electricity prices in Baltic States in June exceed last year’s levels
The average electricity price in Nord Pool for Latvia, Estonia and Lithuania price zone has increased by more than EUR 100 when compared…
Fuel price policy in Latvia causes concerns for Estonian transport companies
Estonian Logistics and Freight Transport Association and Estonian Automobile Companies Association have voiced concerns about Latvia’s decisions to temporarily lift the requirement for…
BNN ASKS | Economist: markup for gas imports will exceed one billion euros for Latvia
«The rise of natural gas tariffs is natural because gas prices on the European market are very high. Currently prices fluctuate around 100…
Average economic growth in Latvia expected at 4.2% a year by 2030
Latvia’s Ministry of Economics predicts the national economy will increase by an average of 4.2% a year between 2022 and 2030. Between 2031…
Minister: building LNG terminal in Latvia is not possible without «climbing over» other interests
The state is prepared to lift administrative obstacles in the way for the construction of a liquefied natural gas (LNG) terminal in Latvia….
Latvian Minister on the topic of reduction of excise tax for fuel
Reduction of excise tax for fuel should be evaluated, says Latvian Minister of Economics Ilze Indriksone. «In March, when the first major price…
PHOTO | Latvia receives its first new electric train
On Thursday, 30 June, two guarded freight trucks sent from a manufacturing plant in Ostrava delivered the remaining two out of four new…
Retail trade turnover in Latvia up 4.2% in May
Compared to May 2021, total retail trade turnover increased by 4.2 % in May 2022. Turnover of retail trade in food products grew…
