Seasonally non-adjusted data of the Central Statistical Bureau show that, compared to the 2nd quarter of the previous year, in the 2nd quarter of 2016 hourly labour costs grew by 45 cents or by 6.4 %, reaching 7.50 euros per hour. According to seasonally adjusted data labour costs increased by 9.2 %.
New data have been published in sections: Consumer prices; Producer prices; Social security; Industry; Transport; Foreign trade.
As compared to June, in July 2016 Latvian foreign trade turnover at current prices decreased by 2.0 %, as the exports value of goods dropped by 3.0 % and the imports value fell by 1.1 %. In July, Latvia exported goods in the amount of EUR 790.6 mln, and imported goods in the amount of EUR 973.5 mln.
During the year (in August 2016, compared to August 2015) the average level of consumer prices did not change. Prices of goods decreased by 1.2 %, while prices of services grew by 3.0 %.
Compared to July 2015, in July 2016 industrial production output increased by 2.7 % (according to calendar adjusted data at constant prices). Of which rise in manufacturing accounted for 3.4 %, in electricity and gas supply for 3.2 %, while in mining and quarrying there was a drop of 9.6 %.
New data have been published in sections: Gross domestic product; Business Tendency; Investment; Crime and justice;Employment and unemployment; Wages and salaries; Trade and services; Transport; Industry; Foreign trade; Crop production; Livestock; Innovation; Science.
In 2015 gross consumption of renewable energy resources in Latvia comprised 66.1 petajoules. Consumption of renewable resources has dropped by 3.2 %, as compared to 2014, however over the decade the indicator has risen by 6.2 %. As the gross consumption of renewable resources (mainly formed by domestic energy resources) increased, Latvian dependence upon imported energy resources reduced – from 63.9 % in 2005 to 40.6 % in 2014.
As compared to the first half of 2015, in the first half of 2016, the volume of freights carried by land transport and pipelines has decreased by 11.4 %. The most notable drop was recorded in rail transport – of 19.8 %.
Starting with September of the current year, the Central Statistical Bureau and the Ministry of Education and Science will launch the Survey of Doctorate Holders within the framework of the project "Participation in International Researches on Education" funded by the European Social Fund. The aim of the survey is to acquire internationally comparable information on the careers of doctorate holders, their mobility and scientific activities.
In the 2nd quarter of 2016, as compared to the 1st quarter, GDP at constant prices, according to seasonally and calendar adjusted data, increased by 0.6 %. In the 2nd quarter, GDP at current prices amounted to EUR 6.3 bln, whereas at constant prices – to EUR 5.4 bln.
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