Latest news

The number of Latvia population continued to decrease. At the end of 2009 the indicator will comprise about 2 million 249 thousand or 12 thousand less than at the beginning of the year.

Due to the rapid reduction of the number of employees and due to the fact that part of them changed their working time from full-time to part-time work, compared to the 3rd quarter of the last year the number of hours worked in the 3rd quarter of 2009 reduced by 27.3%, but labour costs during this time period decreased by 30.1%.

New data have been published in sections: Prices, Gross domestic product, Indicators of banks, Investment, Employment and unemployment, Occupied posts and job vacancies, paid working hours, Personal income, Industry, Foreign trade.
Compared to September 2009 manufacturing turnover at current prices (according to seasonally adjusted data) in October 2009 has decreased by 0.4%, of which in domestic market - by 1.9% and in exports there was a growth of 1.4%.
Non-financial investment in Latvia in the 3rd quarter of 2009 was 402.8 mln lats, a decrease of 39% on the 3rd quarter of 2008, according to the Central Statistical Bureau.

Compared to the end of the June the number of occupied posts in the country at the end of the September of this year has reduced by 56.1 thsd or by 6.6%. In private sector the number reduced by 28.8 thsd or by 5.4%, but in public sector – by 27.3 thsd or by 8.8%.

In October 2009 the total foreign trade turnover at current prices reached 751.4 mln lats – more by 4.4% or 31.7 mln lats than a month before and less by 30.5% or 329.0 mln lats than in October last year.
The decrease in GDP was due to the drop in the following sectors: trade (share in GDP structure – 15.6%) - by 28.7%, transport and communications (12.5%) – by 18.2%, manufacturing (10.2%) – by 17.4% and construction (7.5%) – by 36.0%.
Compared to November of previous year consumer prices have reduced by 1.2%. Prices of goods decreased by 1.5%, but prices of services - by 0.2%.
New data have been published in sections: Prices; Wages and salaries; Housing; Trade and Services; Industry; Transport; Crop production; Livestock
Syndicate content