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During the year (in April 2017, compared to April 2016) the average level of consumer prices increased by 3.4 %. Prices of goods grew by 3.2 % and prices of services by 4.0 %.


In March 2017 Latvian foreign trade turnover amounted to EUR 2.15 bln, which was 14.3 % higher than in March 2016 (at current prices), and the exports and imports values of goods were 13.2 % and 15.2 % higher, respectively. 


Compared to March 2016, in March 2017 industrial production output1 increased by 10 % (according to calendar adjusted data at constant prices). 


New data have been published in section: Employment and unemployment.


In the 1st quarter of 2017, compared to the 4th quarter of 2016, the gross domestic product value (seasonally and working days adjusted data) increased by 1.5 %.


New data have been published in sections: Producer prices; Business Tendency; Material deprivation; Wages and salaries; Social security; Number of Enterprises; Trade and services; Tourism; Transport; Agricultural prices and price indices; Agri-environmental indicators; Crop production; Livestock; Energy.


Compared to March 2016, total retail trade turnover rose by 1.5 % in March 2017. Turnover of retail trade in food products declined by 0.8 %, whereas turnover of retail trade in non-food products grew by 3.3 %.


Compared to February, in March 2017 the level of construction costs in Latvia increased by 0.1 %. Maintenance and operational costs of machinery and equipment rose by 0.3 %, labour remuneration of workers increased by 0.1 %, whereas prices of building materials did not change significantly.


Over the three recent years the average agricultural area on average managed per holding has grown by 19.6 % and the total sown area of agricultural crops on average per holding has grown by 24.3 %.


In 2016 foreign travellers crossed the border of Latvia 6.8 million times, which is 0.7 % less than during the previous year. Last year foreign travellers spent EUR 645.2 mln in Latvia – EUR 97.0 mln or 13.1 % less than in 2015.

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