Electricity prices have fallen in Latvia. Seriously?

Last week, electricity prices in the trading zones of the Nord Pool exchange both increased and decreased. In Latvia and Lithuania, electricity prices fell on average by 45% to 27.42 euros per megawatt-hour, and in Estonia by 44% to 27.98 euros per megawatt-hour. The average price in the Nord Pool system fell by 40% last … Read more

Agricultural products have fallen in price in Latvia over the past year

Compared to 2022, the price index for livestock products in 2023 decreased by 8.9%, while the price index for crop products decreased by 24.3%. The level of prices for crop products in 2023 was mainly affected by a decrease in the price index for grains by 28.6%, of which for barley – by 37.3%, for … Read more

Exports of wooden furniture fell by a quarter in January

In January 2024, wooden furniture worth a total of 13.336 million euros was exported from Latvia, including 4.059 million euros to Denmark, which is 30.4% (a year ago – 29%) of the total export volume of wooden furniture. and 21.6% less than in January 2023. At the same time, wooden furniture worth 1.72 million euros … Read more