The share of locally produced milk in stores in Latvia has not significantly increased since the signing of the food price memorandum last May, according to Janis Solks, chairman of the board of the Latvian Central Union of Dairy Farmers. Solks stated that Latvian retailers continued to import large amounts of milk and dairy products,…
The Latvian national airline airBaltic reported a net loss of 44.337 million euros last year, 2.7 times smaller than in 2024, the airline announced. At the same time, the airBaltic Group’s turnover increased by 4.2%, reaching 779.344 million euros. In 2025, the airline carried 5.2 million passengers across its route network, representing a 1% increase…
Consumer prices in Latvia increased by 0.2% in February compared with January, while annual inflation fell to 2.3%, down from 2.9% a month earlier, according to data released by the Central Statistical Bureau of Latvia. At the same time, the average consumer price level over the past 12 months rose by 3.6% compared with the…
Latvia recorded faster gross domestic product (GDP) growth in the fourth quarter of last year compared with the average in the European Union, according to data published on March 6 by the EU’s statistical office Eurostat. According to seasonally adjusted data, Latvia’s GDP in the fourth quarter of 2025 increased by 2.5% YoY. Overall, economic…
The coalition party Union of Greens and Farmers (ZZS) has called on the Transport Minister Atis Svinka to remove the restricted-access status from information related to the implementation and financing of the Rail Baltica project, according to a statement released by the party to the media. Members of the ZZS parliamentary faction point out that…
In January, Latvia’s unemployment rate stood at 6.9%, which was higher than the average levels in both the European Union (EU) and the eurozone, according to data published on March 4 by the EU’s statistical office, Eurostat. According to the data, higher unemployment rates among EU member states in January were recorded in Finland (10.2%),…
At the end of January, Latvia’s consolidated general government budget showed a deficit of 21.5 million euros, according to information published by the Fiscal Discipline Council (FDP). The FDP noted that at the same time a year ago, the consolidated budget balance showed a surplus of 37.3 million euros. At the end of January, the…