From March 2022 onward the heating tariff of JSC Rigas siltums may increase by another 6.7%, according to the official entry in the Latvian Herald. From November 1 clients of JSC Rigas siltums pay 66.76 EUR/MWh for heating energy. From March 2022 the price will be 71.22 EUR/MWh. According to JSC Rigas siltums, tariff changes…
Because of the rising costs of raw materials and energy resources the situation in the dairy industry is currently tragic, as dairy companies are forced to work below operating costs and there is a risk of multiple businesses going bankrupt, admits the board chairman of Latvian Dairy Committee (LPCS) Janis Solks. “It’s not just serious…
Latvia, like Estonia, will lift the restrictions imposed on open hours for service providers and events for New Year’s night, as confirmed by the government. Amendments passed by the government to the order on the declaration of a state of emergency state that stores located in shopping malls will be able to open up for…
In November, actual unemployment rate comprised 7.1%, up by 0.4% MoM. The unemployment rate for males increased by 0.3%, to 7.9% in November, while for females it rose by 0.6%, to 6.3%, according to data of the Labour Force Survey conducted by the Central Statistical Bureau (CSP). The unemployment rate registered with the State Employment…
SIA Jurmalas siltums plans to increase the heating tariff in the city by 8.5% starting from February 1, 2022, according to the official entry in the Latvian Herald. On December 20, Jurmalas siltums submitted to the Public Utilities Commission its proposed heating energy tariff plan and justifications for approval. The current heating energy production tariff…
Latvia’s Ministry of Environment Protection and Regional Development Minister Arturs Toms Pless signed the order on the halting of Jurmala City Council’s regulations regarding the increase of the entry fee and extension of its application from five months to a full calendar year, as confirmed by the ministry. On September 30, Jurmala City Council members…
Compared to 2019, household disposable income increased by 8.1% YoY in 2020, reaching EUR 630 per household member monthly. Population income grew faster than in 2019, when it rose by 6.8%. Compared to other EU Member States, income inequality in Latvia remained high. According to the latest available data, Latvia had the second highest Gini…