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Latvia's Industrial Production Drops 3.5% In August


Latvia's industrial production decreased in August from last year, figures released by the Central Statistical Bureau showed Friday.



Industrial production, on a calendar-adjusted basis, decreased 3.5 percent year-on-year in August, reversing the previous month's 2.1 percent increase. In June, production had decreased by 0.4 percent.



The downturn in overall output was driven mainly by a 2.5 percent fall in manufacturing production, and a 7.9 percent decrease in the production of electricity and gas supply. Meanwhile, mining and quarrying production increased by 0.6 percent.



Sequentially, industrial production decreased a seasonally adjusted 2 percent in August, after gaining 1.7 percent in July, the agency said.





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2013-10-4 17:00

Slovenia's Unemployment Rate Drops To 13% In May


Slovenia's unemployment rate decreased from the previous month in June, data released by the Statistical Office of the Republic of Slovenia showed Tuesday.



The unemployment rate decreased to 13 percent in May from 13.3 percent in April. In May 2013, the jobless rate was 11.7 percent. Since February this year, the unemployment rate decreased by 0.6 percentage points.



There were 118,576 unemployed persons in Slovenia at the end of May, which was lower than 121,332 recorded in the previous month.



The jobless rate among youth, aged between 15 and 24, was 28.3 percent in May, lower than 29.1 percent recorded a month earlier.



At the same time, the number of persons in employment increased by around 2,400 month-on-month to 795,402 in May, continuing the trend began at the beginning of the year. The upturn was led by a notable rise in headcounts in the construction sector, data showed.





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2013-7-16 19:00

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