Compared to July, in August 2016 the level of producer prices in Latvian industry increased by 0.6 %. The level of prices of products sold on the domestic market increased by 0.9 %, whereas the prices of exported products rose by 0.2 %. The level of producer prices of exports to euro area countries increased by 0.4 %, and the level of prices of exports to non-euro area countries grew by 0.2 %.
At the end of the 1st half of 2016 in Latvia there were 891.2 thousand occupied posts, and the number thereof has declined by 3.2 thousand or 0.4 %, as compared to the end of the 1st half of 2015. During the year, the number of occupied posts in private sector dropped by 2.4 thousand or 0.4 %, falling down to 601.0 thousand. In public sector the number of occupied posts accounted for 290.3 thousand – a decrease of 0.8 thousand or 0.3 %, as compared to the corresponding period of 2015.
New data have been published in sections: Consumer prices; Producer prices; Occupied posts and job vacancies, paid working hours; Labour costs; Indicators of foreign affiliates; Forestry.
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.
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