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GDP has grown by 5.3 % in the 2nd quarter
In the 2nd quarter of 2018, compared to the 2nd quarter of 2017, the gross domestic product (seasonally and calendar non-adjusted data) increased by 5.3 %. In the 2nd quarter GDP at constant prices was EUR 7.3 billion.
In July, retail trade turnover grew by 4.3 %
Compared to July 2017, in July 2018 total retail trade turnover rose by 4.3 %.
Average earnings have exceeded EUR 1000
In the 2nd quarter of 2018, compared to the 2nd quarter of 2017, the average monthly gross wages and salaries grew by 8.4 % or EUR 78, reaching EUR 1004 for full-time work.
In July, construction costs increased by 0.6 %
Compared to June, in July 2018 the level of construction costs in Latvia grew by 0.6 %.
Planted area of commercial apple tree orchards has increased by one third
In 2017 the total planted area of commercial apple tree orchards reached 3.2 thousand ha, which is 0.8 thousand ha or 33.5 % more than in 2012.
In July, level of producer prices in industry increased by 0.9 %
Compared to June, in July 2018 level of producer prices in Latvian industry rose by 0.9 %.
Almost half of children are born to mothers having higher education
In 2017, 20 828 children were born in Latvia. Almost half (46.6 %) of them were born to mothers having higher education (46.0 % in 2016).
In the 2nd quarter of 2018, 64.4 % of population in Latvia were employed
909.6 thousand people or 64.4 % of Latvia population aged 15–74 were employed in the 2nd quarter of 2018. Over the year, employment rate grew by 1.8 percentage points and number of employed persons by 17.9 thousand.
In the 2nd quarter of 2018, Latvian unemployment rate fell to 7.7 %
In the 2nd quarter of 2018 Latvian unemployment rate constituted 7.7 %. Compared to the previous quarter, unemployment rate fell by 0.5 percentage points, while over the year it dropped by 1.2 percentage points.
Number of visitors hosted at Latvian tourist accommodation establishments has grown by 11.3 %
772.3 thousand visitors stayed at Latvian tourist accommodation establishments in the 2nd quarter of 2018, which is 11.3 % more than in the 2nd quarter of 2017. The average length of stay comprised 2 nights.