In the 1st quarter of 2016, compared with the 4th quarter of 2015, GDP at constant prices, according to seasonally adjusted data, increased by 0.1 %. In the 1st quarter of 2016 compared with the 1st of 2015, GDP grew by 1.5 % according to seasonally adjusted data, and by 2.1 % - according to seasonally non-adjusted data.
Compared to April 2015, total retail trade turnover in April 2016 rose by 1.8 %. Retail trade in food products decreased by 0.4 %, whereas retail turnover in non-food products increased by 3.0 %.
In the 1st quarter of 2016 average monthly gross wages and salaries in the country constituted 827 euros. As compared to the 1st quarter of 2015, average wages and salaries grew by 5.3 %, moreover growth rate was lower than a year ago.
New data have been published in sections: Geographical data; Producer prices; Business Tendency; Population; Wages and salaries; Tourism; Transport; Energy.
Compared to March 2016, in April 2016 level of construction costs in Latvia reduced by 0.7 %. Prices of building materials decreased by 1.6 %, while labour remuneration of workers increased by 0.6 % and maintenance and operational costs of machinery and equipment – by 0.1 %. The drop in prices of building materials was mostly affected by the decrease in prices of road construction materials.
At the beginning of 2016 in Latvia there were 1 million 969 thousand residents. In 2015, population number reduced by 0.86 % or 17.1 thousand persons, while in 2014 population number declined by 0.77% or 15.4 thousand.
In the 1st quarter of 2016 more than 366.0 thsd visitors stayed in Latvian accommodation establishments, which is 1.6 % more than in the corresponding period of the previous year. As compared to the 1st quarter of 2015, the number of foreign visitors grew by 2.5 %, and the number of nights spent increased by 7.6 %.
Compared to March, in April 2016 the level of producer prices in the Latvian industry decreased by 0.1 %. The level of prices of both - products sold on the domestic market, as well as of exported products decreased by 0.1 %. The level of prices of goods exported to euro area countries dropped by 0.3 %, while the level of prices of products exported to non-euro area countries did not change.
New data have been published in sections: Producer prices; Enterprises finance; Population: Number and Change; Employment and unemployment; Crime and justice; Housing; Energy.
Latest data compiled by the Central Statistical Bureau (CSB) show that, in 2015 combined heat and power (CHP) plants produced 3 526.8 gigawatt hours (GWh) of electricity (17 % more than in 2014) comprising 63 % of the total volume of electricity generated in Latvia. Last year, 5 540.4 GWh of heat were produced in CHP plants – 72 % of the total heat produced in the country.
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