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…
The Port of Ventspils handled in January-November over 10 million tons of cargo, down by 15.2% YoY, the port authority’s statistics showed. In the eleven-month period Ventspils terminals handled 5.62 million tons of liquid bulk, 2 million tons of dry bulk and 2.45 million tons of general cargoes. The harbour master office reported 1,085 calls,…
So far no one in the ruling coalition in Latvia has voiced any objections against reduction of VAT rate for electrical energy and natural gas. However, it is necessary to reach an agreement on specific solutions, said Minister of Economics Janis Vitenbergs has said. The minister said one of the issues that required the government…
From January 1, 2022 Tariffs of AS Latvijas Gaze for households will increase by 54.2% to 93% depending on consumption volumes, according to the official entry in the Latvian Herald. For households that consume up to 250 cubic meters of gas the differentiated end tariff with VAT and excise tax for the first half-year of…