Baltic States

CEE boom passes peak

Ben Aris in Berlin August 15, 2018

The boom Central and Eastern Europe has been enjoying for the last four years has reached its peak as countries in the region start to run up against their structural limits.

Latvian inflation moderates in July

bne IntelliNews August 9, 2018

Inflation continues to be under moderate demand-led pressure from the tightened labour market that is pushing up wages.

Latvian industrial production returns to feeble growth in June

bne IntelliNews August 5, 2018

The current streak of minimal, or lack of, growth points to a possible slowdown in the rate of economic expansion in the third quarter.

Estonian production growth falters in June

bne IntelliNews July 31, 2018

Output has now grown for 24 months straight in the Estonian industry overall, supporting economic growth.

Lithuanian GDP growth accelerates to 3.7% in second quarter

bne IntelliNews July 30, 2018

Analysts predict growth will remain strong – albeit moderating a bit – throughout the rest of the year, before slowing down more clearly in 2019.

Estonian retail sales growth slows down to 1% y/y in June

bne IntelliNews July 30, 2018

The reading sees the sector return to the feeble growth rate of March and April, with the overall turnover at Estonian shops coming in at €613.6mn.

Latvia asks for international help to contain forest fires

bne IntelliNews July 24, 2018

Climate change is believed to be responsible for the heatwave afflicting northern Europe that has seen temperatures of over 30 degrees Celsius as far as 300 kilometres inside the Arctic Circle.

Lithuanian industrial production growth rate eases minimally in June

bne IntelliNews July 23, 2018

The reading marks a marginal slowdown of the growth tempo in Lithuanian industry after output expanded 5.2% in May, but still extends the run of positive growth to 22 consecutive months.

Danske Bank to waive profit from suspicious transactions in Estonia

bne IntelliNews July 19, 2018

An investigation has been launched after media reports that much as €7.1bn may have been laundered via the bank’s Estonian operations.