Flash estimate of the Central Statistical Bureau (CSB) shows that, compared to the 4th quarter of 2015, in the 1st quarter of 2016 Gross Domestic Product (GDP) value dropped slightly – by 0.1 %, according to seasonally adjusted data.
As compared to 2014, in 2015, due to 15.8 % decrease in price indices of livestock products, especially decline in milk prices, price indices of agricultural output decreased by 7.5 %. Price indices of crop products grew by 2.3 %.
Compared to February 2016, in March 2016 level of construction costs in Latvia grew by 0.2 %. Labour remuneration of workers went up by 0.7 %, maintenance and operational costs of machinery and equipment – by 0.3 %, while prices of building materials went down by 0.1 %.
In 2015, 6.8 mln foreign travellers visited Latvia, which is 9.5 % more than in 2014. Last year foreign travellers spent EUR 742.2 mln in Latvia (excluding transport costs), which is EUR 73.7 mln or 11 % more than in 2014.
New data have been published in sections: Geographical data; Producer prices; Government finances; Population: Number and Change; Tourism.
During the first three months of 2016, 5313 newborn were registered in Latvia – 87 babies or 2% more than during the corresponding period of 2015. The number of newborn tends to increase already since 2011. During the first three months of the year, mortality has grown. The number of deaths registered comprises 7848 – 86 persons or 1.1 % more than in the first quarter of the previous year.
Compared to February, in March 2016 the level of producer prices in the Latvian industry decreased by 0.5 %. The level of prices of products sold on the domestic market dropped by 0.6 %, and prices of exported products – by 0.4 %. The level of prices of goods exported to euro area countries grew by 0.4 %, while the level of prices of products exported to non-euro area countries decreased by 0.8 %
General government budget deficit at the end of 2015 accounted for EUR 306.2 mln or 1.3 % of Gross Domestic Product (GDP), and general government consolidated gross debt was EUR 8 871.7 mln or 36.4 % of GDP.
New data have been published in sections: Consumer prices; Producer prices; Monetary poverty and income inequality; Occupied posts and job vacancies, paid working hours; Foreign trade in goods.
Results of the European Health Interview Survey show that, in 2014 out of the total employed Latvia population 29.4 % were absent from work due to health problems. For comparison – in 2008, when previous health survey was conducted, there were 27.9 % such persons.
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