Baltic Economy Watch economics blog. A blog dedicated to following the day to day progress of the economies of the three Baltic States, Latvia, Estonia, and Lithuania.
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This sounds like something straight from the Argentine history book. Yesterday someone left this comment on my Latvian Blog:
By the way, latest idea in Latvia is to issue vouchers as a substitute...
Inflation slowed a little in Estonia in August, but only very slightly. During the whole of 2008 the rate of change of the consumer price index when compared with the respective month of the previous year has hovered around the 11% mark...
Latvian industrial output contracted again in July 2008, indicating that GDP contraction will almost certainly continue into at least Q3 2008. Industrial production at constant prices decreased in July 2008 by 0.7%, according to seasonal and working...
According to the Estonian statistics office annual consumer price inflation in June 2008 was 11.4%. This is now the six consecutive month for which the consumer price index has remained around the 11% region.
Latvia’s economy shrank a revised 18.7 percent in the second quarter of 2009 over a year earlier in what was the second-steepest drop in the entire European Union (worsted only by Lithuania) according to detailed data released by the statistics...
