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    Baltic economy key data in 2009

    According to Statistics Estonia, the consumer price index decreased by 0.1% in 2009 compared to the average of 2008. Food and non-alcoholic beverages decreased -4%. Read more in Estonian Statistics report here.
    According to Statistics Latvia The consumer prices in 20091) have decreased by 1.2%, of which prices for goods decreased by 1.2%, but for services – by 1.0%. Average price level of food products and non-alcoholic beverages decreased by 6.3%. The major price drop was recorded for fresh vegetables – 28.6%, potatoes – 39.5%, dairy products – 11.0%, fruit – 11.7%, oils and fats – 11.4% and cereal products – 9.5%. Read full report here.
    Statistics Lithuania informs that in December 2009 (December 2009 against December 2008), annual inflation made up 1.3 per cent and was by 7.2 percentage points lower than in 2008 (December 2008 against December 2007, inflation made up 8.5 per cent). Read more here . In December 2009, against November 2009, a decisive impact on the overall change in consumer prices was made by a 2.3 per cent price drop for clothing and footwear, 0.4 per cent – food products and non-alcoholic beverages, 0.7 per cent – furnishings, household equipment and routine maintenance of the house, as well as by a 0.4 per cent price rise for alcoholic beverages and tobacco products

    According to LETA, there where 180 000 un-employed people in Latvia ( 16,1% un-employment rate), which is 2 time more than in Estonia ( 13,4% un-employment rate) in December 2009 . There is 2,2 million people living in Latvia. Unemployment has doubled in absolute numbers within a year.
    Statistics Lithuania informs that, based on the Labour Force Survey (LFS) data, the number of the unemployed in II quarter 2009 reached 223 thousand and the unemployment rate made up 13.6 per cent. Read more here