In 2015 social protection expenditure in Latvia accounted for 3 619.7 million euros and, compared to 2014, it has grown by 201 million euros or 5.9 %. Expenditure on support for families and children increased by 24.1 %, expenditure on support for disabled persons by 7.8 %, and social expenditure on sickness and heath care by 7.5 %.
Compared to September, in October 2016 the level of producer prices in Latvian industry decreased by 0.4 %. Prices of products sold on the domestic market dropped by 0.8 %, whereas the prices of exported products decreased by 0.1 %. The level of producer prices of exports to euro area countries dropped by 0.5 %, while the level of prices of exports to non-euro area countries rose by 0.2 %.
New data have been published in sections: Producer prices; Enterprises finance; Employment and unemployment; Structural Business Statistics.
In the 3rd quarter of 2016 in Latvia there were 895.0 thousand employed persons or 61.8 % of the population aged 15–74.
In the 3rd quarter of 2016 unemployment rate in Latvia constituted 9.5 %. Over the quarter unemployment rate has not changed, but over the year the indicator has dropped by 0.2 percentage points.
Female activity rate in Latvia exceeds the European Union (EU) average rate by 4.9 percentage points. In 2015, Latvian indicator accounted for 63.2 %, while EU average – for 58.3 %. The data of the Central Statistical Bureau and Eurostat show that the share of inactive females in Latvia was lower than the EU average rate – 36.8 % and 41.7 % in 2015, respectively.
New data have been published in sections: Consumer prices; Trade and services; Foreign trade in goods; Environment; Information technologies.
Compared to the corresponding period of 2015, in the 3rd quarter of 2016 construction output decreased by 22 %, according to calendar adjusted data at constant prices. The drop was influenced by the slower absorption of EU funds. Construction production output at current prices accounted for 456.1 million euros.
As compared to August, in September 2016 Latvian foreign trade turnover at current prices grew by 4.2 %, as the exports value of goods rose by 9.8 %, whereas the imports value decreased by 0.5 %. In September, Latvia exported goods in the amount of EUR 953.6 mln, and imported goods in the amount of EUR 1.04 billion. The foreign trade balance improved, as exports in the total foreign trade value increased up to 47.8 % (in August – 45.4 %).
During the year (in October 2016, compared to October 2015) the average level of consumer prices increased by 1.0 %. Prices of goods increased by 0.3 %, while prices of services grew by 2.9 %.
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