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About accrued-to-date pension entitlements in social insurance
Central Statistical Bureau of Latvia for the first time has collected estimates for accrued-to-date pension entitlements (pension schemes liabilities) in social insurance.
In February, retail trade turnover grew by 3.7 %
Compared to February 2017, in February 2018 total retail trade turnover rose by 3.7 %.
Slight increase in purchase prices of round timber
Compared to the 1st half of 2017, in the 2nd half of the year the average purchase prices of round timber in Latvia increased.
In February, construction costs increased by 0.3 %
Compared to January, in February 2018 level of construction costs in Latvia grew by 0.3 %.
In 2017, output of livestock products increased
Compared to 2016, in 2017 output of meat grew by 4.6 % and output of milk by 1.4 %.
In February level of producer prices in industry increased by 0.5 %
Compared to January, in February 2018 level of producer prices in the Latvian industry rose by 0.5 %.
In 2017, number of job vacancies rose by 2.6 thousand or 17.9 %
In 2017 there were 17.0 thou. job vacancies in Latvia, which is 2.6 thou. vacancies or 17.9 % more than in 2016.
In the 4th quarter of 2017, hourly labour costs grew by 7.3 %
Compared to the 4th quarter of 2016, in the 4th quarter of 2017 hourly labour costs rose by 54 cents or 7.3 %, reaching EUR 8.02.
43.6 % of Latvian households make ends meet with difficulty
In 2017 the share of households admitting that pay for usual necessary expenses with difficulty or great difficulty constituted 43.6 %, which is 1.5 percentage points more than in 2016.
In January foreign trade turnover in goods was 12.4 % larger than last year
In January 2018 the foreign trade turnover of Latvia amounted to EUR 2.05 bln, which at current prices was 12.4 % more than in January 2017, of which the exports value of goods was 18.1 % and imports value of goods was 7.9 % higher.