Šoreiz, sadaļā "Highlights":
* Inflation returns
* Moderate growth in retail
* Challenging environment for exporters
"In Focus":
* ICT is almost a perfectly performing sector, autors: Igors Kasjanovs
Highlights:
In August, annual inflation returns to positive territory
Manufacturing growing fast in July
External complications do not impair Latvia's exports going uphill
Sadaļā In Focus:
Research: Latvia's 2008-2009 wage adjustment stronger than thought before, by Ludmila Fadejeva and Olegs Krasnopjorovs
Swedbank was founded in 1820, as Sweden’s first savings bank was established. Today, our heritage is visible in that we truly are a bank for each and every one and in that we still strive to contribute to a sustainable development of society and our environment. We are strongly committed to society as a whole and keen to help bring about a sustainable form of societal development. Our Swedish operations hold an ISO 14001 environmental certification, and environmental work is an integral part of our business activities.
Swedbank was founded in 1820, as Sweden’s first savings bank was established. Today, our heritage is visible in that we truly are a bank for each and every one and in that we still strive to contribute to a sustainable development of society and our environment. We are strongly committed to society as a whole and keen to help bring about a sustainable form of societal development. Our Swedish operations hold an ISO 14001 environmental certification, and environmental work is an integral part of our business activities.
The document discusses the effects of geopolitical crisis between Russia and Ukraine on Latvia's economy. It finds that the effects have been less significant than initially feared, as Russia remains Latvia's second largest trading partner despite a slight decline in exports and imports. Specifically, it notes that the Russian economic weakness has had a bigger impact than sanctions. Certain industries like dairy farmers and food manufacturers have been negatively impacted by sanctions and lower Russian demand. However, the overall effects on Latvia's economy have been limited so far. Risks remain from further potential sanctions or disruptions in gas supply from Russia.
Latvijas Banka Monthly Newsletter: August 2018Latvijas Banka
Highlights:
Economic growth remains robust
Higher fuel prices continue to support inflation
Retail trade expands against the background of favourable economic conditions
In Focus:
Interaction between FDI and exports
The retail sector in Poland is experiencing solid growth supported by strong household spending, however challenges remain. Retail sales have increased as unemployment has fallen and wages have risen, supported by factors like low inflation and interest rates. However, intense competition and a 1.5 year period of deflation have constrained retailer profits. While domestic demand will support continued growth in retail, new taxes on large retailers and ongoing competitive pressures pose risks going forward. Foreign chains remain dominant in grocery stores, which make up the majority of the Polish retail sector.
The ONS Economic Forum is a quarterly event aimed at City analysts, business economists, media, and academic users, to provide an opportunity to discuss issues relating to the measurement of the economy and the range of relevant ONS economic statistics, including GDP, the labour market, prices and the public finances.
- GDP growth in the UK has slowed slightly in 2015 compared to 2014, with quarterly growth of 0.5% in Q3 2015. Private consumption and investment have remained robust drivers of growth.
- Annual inflation has remained close to zero for most of 2015, driven by falling goods prices, while services inflation has remained around 2.5%.
- The UK labor market continues to strengthen, with record high employment, falling unemployment, and a declining inactivity rate, indicating further tightening in the labor market.
Highlights:
In August, annual inflation returns to positive territory
Manufacturing growing fast in July
External complications do not impair Latvia's exports going uphill
Sadaļā In Focus:
Research: Latvia's 2008-2009 wage adjustment stronger than thought before, by Ludmila Fadejeva and Olegs Krasnopjorovs
Swedbank was founded in 1820, as Sweden’s first savings bank was established. Today, our heritage is visible in that we truly are a bank for each and every one and in that we still strive to contribute to a sustainable development of society and our environment. We are strongly committed to society as a whole and keen to help bring about a sustainable form of societal development. Our Swedish operations hold an ISO 14001 environmental certification, and environmental work is an integral part of our business activities.
Swedbank was founded in 1820, as Sweden’s first savings bank was established. Today, our heritage is visible in that we truly are a bank for each and every one and in that we still strive to contribute to a sustainable development of society and our environment. We are strongly committed to society as a whole and keen to help bring about a sustainable form of societal development. Our Swedish operations hold an ISO 14001 environmental certification, and environmental work is an integral part of our business activities.
The document discusses the effects of geopolitical crisis between Russia and Ukraine on Latvia's economy. It finds that the effects have been less significant than initially feared, as Russia remains Latvia's second largest trading partner despite a slight decline in exports and imports. Specifically, it notes that the Russian economic weakness has had a bigger impact than sanctions. Certain industries like dairy farmers and food manufacturers have been negatively impacted by sanctions and lower Russian demand. However, the overall effects on Latvia's economy have been limited so far. Risks remain from further potential sanctions or disruptions in gas supply from Russia.
Latvijas Banka Monthly Newsletter: August 2018Latvijas Banka
Highlights:
Economic growth remains robust
Higher fuel prices continue to support inflation
Retail trade expands against the background of favourable economic conditions
In Focus:
Interaction between FDI and exports
The retail sector in Poland is experiencing solid growth supported by strong household spending, however challenges remain. Retail sales have increased as unemployment has fallen and wages have risen, supported by factors like low inflation and interest rates. However, intense competition and a 1.5 year period of deflation have constrained retailer profits. While domestic demand will support continued growth in retail, new taxes on large retailers and ongoing competitive pressures pose risks going forward. Foreign chains remain dominant in grocery stores, which make up the majority of the Polish retail sector.
The ONS Economic Forum is a quarterly event aimed at City analysts, business economists, media, and academic users, to provide an opportunity to discuss issues relating to the measurement of the economy and the range of relevant ONS economic statistics, including GDP, the labour market, prices and the public finances.
- GDP growth in the UK has slowed slightly in 2015 compared to 2014, with quarterly growth of 0.5% in Q3 2015. Private consumption and investment have remained robust drivers of growth.
- Annual inflation has remained close to zero for most of 2015, driven by falling goods prices, while services inflation has remained around 2.5%.
- The UK labor market continues to strengthen, with record high employment, falling unemployment, and a declining inactivity rate, indicating further tightening in the labor market.
1) GDP growth in the UK slowed to 0.4% in Q3 2015, down from a previous estimate of 0.5%, with growth averaging 0.5% in the first three quarters of 2015.
2) Household consumption has been the main driver of GDP growth over the past year, while net trade and private housing investment have dragged on growth.
3) The UK's household saving ratio fell to 4.4% in Q3 2015, its lowest level since early 2010, as consumption growth has outpaced income growth in recent years.
European specialty retail sales have continued a tentative recovery in 2007, though growth remains uneven across markets. While overall EU retail trade rose in January 2007, sales declined in Germany due to a VAT increase. UK sales have also slowed due to higher interest rates, though French sales have improved with falling unemployment. Retailers' performances vary by product and country - electronics sellers benefit from flat screen TV demand but face margin pressure, while home improvement chains are stronger with rising home prices in many markets. Foreign expansion and online shopping increase competitive pressures on all European retailers.
Latvijas Banka Monthly Newsletter: November 2018Latvijas Banka
"Highlights":
Latvia reports faster growth than before
Growth in manufacturing remains stable
Unemployment in Latvia continues its downward trend
"In Focus":
Latvia's energy sector: challenges and prospects
Ulster Bank Northern Ireland PMI October 2021 Slide PackRichard Ramsey
Global economic growth accelerated in October according to purchasing managers' index (PMI) surveys, though supply chain disruptions worsened. In Northern Ireland, private sector output and employment grew, but new orders contracted for the second month in a row, lagging growth in the UK and Ireland. Input cost and output price inflation reached record highs across sectors in Northern Ireland, squeezing firm profit margins.
Ulster Bank Northern Ireland PMI - July 2018 SlidepackRichard Ramsey
Ulster Bank Northern Ireland Purchasing Managers Index (PMI) includes analysis of economic performance by sector in Global, Eurozone, UK, UK Regions, NI & Republic of Ireland. PMI surveys track variables such as output, new orders, employment and prices across sectors. Index numbers above 50 indicate expansion and below 50 indicate contraction. The July 2018 survey update found that global output growth slowed with manufacturing at a 22-month low, while NI's private sector reported an acceleration in activity for the fourth month in a row at a faster rate than the UK. NI firms' optimism for the year ahead slipped to a 16-month low, the lowest of any UK region.
Security Analysis Project on Tata Global BeveragesShameem Hamed
The document discusses India's economic performance in 2010-2011. It covers GDP growth, inflation, foreign trade, foreign investments, forex reserves, and corporate sector performance. It then provides an overview of India's FMCG sector, including key categories and companies. The FMCG sector contributed around Rs. 90,000 crores annually and is a major part of the Indian economy and services sector. Major players like HUL, Marico and Nestle have increased market share in key categories.
Ulster Bank Northern Ireland PMI March 2021 PMI Slide PackRichard Ramsey
The document provides an economic analysis and update of purchasing managers' index (PMI) surveys for Northern Ireland, the UK, Eurozone, and global economies for March 2021. Key points include:
- Global output growth and emerging market PMI increased while developed market PMI remained high. Eurozone, US, and UK composite PMIs all improved.
- Northern Ireland saw manufacturing and services output growth pick up while construction stabilized. UK and Republic of Ireland posted robust new orders growth while Northern Ireland orders continued shrinking.
- Input cost inflation accelerated sharply across sectors, and firms increased prices at their fastest rates, squeezing profit margins. Employment returned to growth in manufacturing and services after declines.
Ulster Bank Northern Ireland PMI August 2021 Slide PackRichard Ramsey
The document provides an overview and analysis of purchasing managers' index (PMI) surveys for various economies in August 2021. Some key points from the PMI surveys include: global composite PMI slowed to a 7-month high; global manufacturing output slowed to a 14-month low; divergence between developed and emerging market PMIs; and input cost and output price inflation remained high globally. The document also summarizes Northern Ireland's PMI results for August 2021, noting growth slowed in output, orders and employment compared to previous months.
Ulster Bank Northern Ireland PMI September 2021 Slide PackRichard Ramsey
The document provides a summary of the September 2021 Purchasing Managers' Index (PMI) survey results for Northern Ireland, the UK, Eurozone, and global economies. Key findings include:
- Global composite PMI rose slightly but growth is slowing across regions. Inflation remains close to recent highs.
- UK and NI economies continue lagging behind the Republic of Ireland. NI private sector recovery is slower than other UK regions.
- NI manufacturing and services sectors reported output and employment growth in September but new orders contracted.
- Input cost and output price inflation are accelerating across sectors in NI, UK and globally at near record rates.
The document provides an analysis of purchasing managers' index (PMI) surveys from April 2020 for various global economies, Eurozone countries, the UK and its regions, and Northern Ireland. Key highlights include:
- Global output growth slumped with services falling to a record low. All economies except China saw composite PMIs hit record lows in April.
- Northern Ireland's PMI fell to a new record low in April, with output, new orders, employment, and export orders all declining at record rates across sectors.
- Manufacturing and services output in Northern Ireland, the UK, and Ireland all posted steep falls and record lows, while construction also declined sharply. Northern Ireland saw the stee
Slide pack Ulster Bank NI PMI February 2016Richard Ramsey
Slide pack for the Ulster Bank Northern Ireland PMI, February 2016, including analysis of Global, Eurozone, UK, UK Regions, NI & Republic of Ireland economic performance by sector
This document provides a summary of the December 2020 Purchasing Managers' Index (PMI) survey results for Northern Ireland and other economies. Key findings include:
- Global output growth slowed for the sixth consecutive month but remained in expansion territory. Input cost inflation hit a 9.5-year high.
- The UK and Republic of Ireland returned to growth in December led by manufacturing, while Northern Ireland's private sector remained in contraction across all sectors.
- Northern Ireland recorded the fastest rate of output contraction among UK regions in 2020. Firms reported ongoing declines in new orders, output, and employment in December.
- Input cost inflationary pressures increased in recent months across sectors in Northern Ireland,
Lithuanian Economy - No 1, January 4, 2012Swedbank
The Lithuanian economy remained resilient in November despite weakening demand abroad. While manufacturing growth slowed, it continued to expand, and retail trade grew at its fastest pace since recovery began. Strong growth in the fourth quarter should help public finances as budget collection has lagged targets this year. However, both foreign and domestic demand are expected to slow in the coming year, easing inflation pressures.
Global output growth slows due to slowing growth in the services sector, despite manufacturing returning to growth. The US sees growth slow to a 42-month low while the Eurozone and countries like China, Japan, Brazil and Russia post faster growth. The Northern Ireland private sector continues to see sharp declines in output, new orders, exports and employment, with all sectors contracting and business confidence at new lows. Regional comparisons show Northern Ireland having the sharpest declines in output and fastest rate of job losses of all UK regions.
The global economy has shifted towards Asia in recent decades. The UK runs large trade deficits in goods but surpluses in services. Germany and China are two of the UK's main trading partners for imports, while exports mainly go to other European nations. A persistent current account deficit can cause problems like lower growth and job losses if it indicates weak competitiveness. Policy options to address deficits include supply-side reforms to improve productivity and demand management policies to reduce spending on imports.
The document provides an overview of recent economic indicators from Europe, the US, Japan, and global advertising trends. It summarizes GDP forecasts, economic confidence indexes, inflation rates, and unemployment in key regions. Recent data points to positive but uneven growth returning to the Eurozone. The ECB is expected to cut interest rates further to boost low inflation. The US economy showed mixed results in Q1 2014 due to weather impacts. Japanese consumer spending increased sharply ahead of a sales tax hike. Global advertising is forecast to grow 5.1% in 2014 led by digital media, especially in emerging markets.
Growth is still strong; Revenue grew faster than expenditure in the first quarter of 2018; Domestic deposits have resumed growth; Is Latvia's residential construction ready to pick up?
Becoming a Pilot: A Guide to Being an Airline Pilothiredaero
Budihadianto notes that Indonesian-licensed engineers who leave tend to go to the Middle East but eventually return. "Indonesian people generally don't like to stay abroad. They go overseas to work because they have to," he says. "For example, maybe they need to earn more money to pay for their children's university education.
1) GDP growth in the UK slowed to 0.4% in Q3 2015, down from a previous estimate of 0.5%, with growth averaging 0.5% in the first three quarters of 2015.
2) Household consumption has been the main driver of GDP growth over the past year, while net trade and private housing investment have dragged on growth.
3) The UK's household saving ratio fell to 4.4% in Q3 2015, its lowest level since early 2010, as consumption growth has outpaced income growth in recent years.
European specialty retail sales have continued a tentative recovery in 2007, though growth remains uneven across markets. While overall EU retail trade rose in January 2007, sales declined in Germany due to a VAT increase. UK sales have also slowed due to higher interest rates, though French sales have improved with falling unemployment. Retailers' performances vary by product and country - electronics sellers benefit from flat screen TV demand but face margin pressure, while home improvement chains are stronger with rising home prices in many markets. Foreign expansion and online shopping increase competitive pressures on all European retailers.
Latvijas Banka Monthly Newsletter: November 2018Latvijas Banka
"Highlights":
Latvia reports faster growth than before
Growth in manufacturing remains stable
Unemployment in Latvia continues its downward trend
"In Focus":
Latvia's energy sector: challenges and prospects
Ulster Bank Northern Ireland PMI October 2021 Slide PackRichard Ramsey
Global economic growth accelerated in October according to purchasing managers' index (PMI) surveys, though supply chain disruptions worsened. In Northern Ireland, private sector output and employment grew, but new orders contracted for the second month in a row, lagging growth in the UK and Ireland. Input cost and output price inflation reached record highs across sectors in Northern Ireland, squeezing firm profit margins.
Ulster Bank Northern Ireland PMI - July 2018 SlidepackRichard Ramsey
Ulster Bank Northern Ireland Purchasing Managers Index (PMI) includes analysis of economic performance by sector in Global, Eurozone, UK, UK Regions, NI & Republic of Ireland. PMI surveys track variables such as output, new orders, employment and prices across sectors. Index numbers above 50 indicate expansion and below 50 indicate contraction. The July 2018 survey update found that global output growth slowed with manufacturing at a 22-month low, while NI's private sector reported an acceleration in activity for the fourth month in a row at a faster rate than the UK. NI firms' optimism for the year ahead slipped to a 16-month low, the lowest of any UK region.
Security Analysis Project on Tata Global BeveragesShameem Hamed
The document discusses India's economic performance in 2010-2011. It covers GDP growth, inflation, foreign trade, foreign investments, forex reserves, and corporate sector performance. It then provides an overview of India's FMCG sector, including key categories and companies. The FMCG sector contributed around Rs. 90,000 crores annually and is a major part of the Indian economy and services sector. Major players like HUL, Marico and Nestle have increased market share in key categories.
Ulster Bank Northern Ireland PMI March 2021 PMI Slide PackRichard Ramsey
The document provides an economic analysis and update of purchasing managers' index (PMI) surveys for Northern Ireland, the UK, Eurozone, and global economies for March 2021. Key points include:
- Global output growth and emerging market PMI increased while developed market PMI remained high. Eurozone, US, and UK composite PMIs all improved.
- Northern Ireland saw manufacturing and services output growth pick up while construction stabilized. UK and Republic of Ireland posted robust new orders growth while Northern Ireland orders continued shrinking.
- Input cost inflation accelerated sharply across sectors, and firms increased prices at their fastest rates, squeezing profit margins. Employment returned to growth in manufacturing and services after declines.
Ulster Bank Northern Ireland PMI August 2021 Slide PackRichard Ramsey
The document provides an overview and analysis of purchasing managers' index (PMI) surveys for various economies in August 2021. Some key points from the PMI surveys include: global composite PMI slowed to a 7-month high; global manufacturing output slowed to a 14-month low; divergence between developed and emerging market PMIs; and input cost and output price inflation remained high globally. The document also summarizes Northern Ireland's PMI results for August 2021, noting growth slowed in output, orders and employment compared to previous months.
Ulster Bank Northern Ireland PMI September 2021 Slide PackRichard Ramsey
The document provides a summary of the September 2021 Purchasing Managers' Index (PMI) survey results for Northern Ireland, the UK, Eurozone, and global economies. Key findings include:
- Global composite PMI rose slightly but growth is slowing across regions. Inflation remains close to recent highs.
- UK and NI economies continue lagging behind the Republic of Ireland. NI private sector recovery is slower than other UK regions.
- NI manufacturing and services sectors reported output and employment growth in September but new orders contracted.
- Input cost and output price inflation are accelerating across sectors in NI, UK and globally at near record rates.
The document provides an analysis of purchasing managers' index (PMI) surveys from April 2020 for various global economies, Eurozone countries, the UK and its regions, and Northern Ireland. Key highlights include:
- Global output growth slumped with services falling to a record low. All economies except China saw composite PMIs hit record lows in April.
- Northern Ireland's PMI fell to a new record low in April, with output, new orders, employment, and export orders all declining at record rates across sectors.
- Manufacturing and services output in Northern Ireland, the UK, and Ireland all posted steep falls and record lows, while construction also declined sharply. Northern Ireland saw the stee
Slide pack Ulster Bank NI PMI February 2016Richard Ramsey
Slide pack for the Ulster Bank Northern Ireland PMI, February 2016, including analysis of Global, Eurozone, UK, UK Regions, NI & Republic of Ireland economic performance by sector
This document provides a summary of the December 2020 Purchasing Managers' Index (PMI) survey results for Northern Ireland and other economies. Key findings include:
- Global output growth slowed for the sixth consecutive month but remained in expansion territory. Input cost inflation hit a 9.5-year high.
- The UK and Republic of Ireland returned to growth in December led by manufacturing, while Northern Ireland's private sector remained in contraction across all sectors.
- Northern Ireland recorded the fastest rate of output contraction among UK regions in 2020. Firms reported ongoing declines in new orders, output, and employment in December.
- Input cost inflationary pressures increased in recent months across sectors in Northern Ireland,
Lithuanian Economy - No 1, January 4, 2012Swedbank
The Lithuanian economy remained resilient in November despite weakening demand abroad. While manufacturing growth slowed, it continued to expand, and retail trade grew at its fastest pace since recovery began. Strong growth in the fourth quarter should help public finances as budget collection has lagged targets this year. However, both foreign and domestic demand are expected to slow in the coming year, easing inflation pressures.
Global output growth slows due to slowing growth in the services sector, despite manufacturing returning to growth. The US sees growth slow to a 42-month low while the Eurozone and countries like China, Japan, Brazil and Russia post faster growth. The Northern Ireland private sector continues to see sharp declines in output, new orders, exports and employment, with all sectors contracting and business confidence at new lows. Regional comparisons show Northern Ireland having the sharpest declines in output and fastest rate of job losses of all UK regions.
The global economy has shifted towards Asia in recent decades. The UK runs large trade deficits in goods but surpluses in services. Germany and China are two of the UK's main trading partners for imports, while exports mainly go to other European nations. A persistent current account deficit can cause problems like lower growth and job losses if it indicates weak competitiveness. Policy options to address deficits include supply-side reforms to improve productivity and demand management policies to reduce spending on imports.
The document provides an overview of recent economic indicators from Europe, the US, Japan, and global advertising trends. It summarizes GDP forecasts, economic confidence indexes, inflation rates, and unemployment in key regions. Recent data points to positive but uneven growth returning to the Eurozone. The ECB is expected to cut interest rates further to boost low inflation. The US economy showed mixed results in Q1 2014 due to weather impacts. Japanese consumer spending increased sharply ahead of a sales tax hike. Global advertising is forecast to grow 5.1% in 2014 led by digital media, especially in emerging markets.
Growth is still strong; Revenue grew faster than expenditure in the first quarter of 2018; Domestic deposits have resumed growth; Is Latvia's residential construction ready to pick up?
Becoming a Pilot: A Guide to Being an Airline Pilothiredaero
Budihadianto notes that Indonesian-licensed engineers who leave tend to go to the Middle East but eventually return. "Indonesian people generally don't like to stay abroad. They go overseas to work because they have to," he says. "For example, maybe they need to earn more money to pay for their children's university education.
We are celebrating the successful completion of the Certified Organizational Effectiveness Coach
(COEC) Program – Cohort # 3 /2016 … and now preparing to launch the next season in June, 2016!
This document provides enrollment and completion data for Union Institute & University for the 2015-2016 academic year. It includes 4 chapters that present information on: 1) 2015-2016 enrollments and student demographics by credential level and gender, 2) enrollment trends and student demographics from fall 2015 to fall 2016 for undergraduate, master's and doctoral levels, 3) an overview of completions/graduated students in 2015-2016 by gender and race/ethnicity, and 4) trends in degrees awarded from 2013-2015. Tables present data on enrollments, demographics, completions and degrees awarded, along with some figures showing enrollment trends by credential level over time.
Este documento presenta una metodología de 7 fases para el análisis, diseño y desarrollo de ambientes virtuales de aprendizaje basados en Internet. La metodología incluye fases de análisis, diseño, desarrollo, evaluación y administración, y destaca la importancia de factores clave de éxito y roles de un equipo interdisciplinario en cada etapa del proceso. Además, discute los tipos y ventajas de la comunicación mediada por computador para apoyar la interacción en ambientes virtuales de
Compasspoint: Silicon Valley Peninsula Nonprofit ForumBeth Kanter
The document provides an overview and agenda for a forum on becoming a networked nonprofit organization. It discusses leveraging social media to better serve an organization's mission. The agenda includes introductions, framing the concept of a networked nonprofit, exploring themes of social culture, simplicity and public learning, and concluding with reflection. Attendees are encouraged to think about one small step their organization can take to move in this direction.
Transformando paradigmas y prácticas en el quehacer docenteLiceth Parra
1) Existen varios planes y proyectos del gobierno colombiano para promover el uso de las TIC en educación pero su implementación ha sido lenta debido a falta de capacitación a docentes, supervisión y seguimiento.
2) La inserción de tecnología en el aula no garantiza su uso e innovación educativa, se requiere mayor inversión del gobierno en capacitar docentes para que guíen a los estudiantes en el aprendizaje con TIC.
3) El docente debe actualizarse constantemente y ver la tecnología como una
Wang ke classification by cut clearance under thresholdjins0618
This document proposes a new classification method called CUT (Classification Under Threshold) that partitions data into groups that are either "cleared" or "not cleared" based on a user-specified threshold. The goal is to maximize the number of future cases that can be cleared without intervention. It was tested on problems like predicting transformers with carcinogenic PCBs. Experimental results found CUT outperformed other methods by clearing more non-hazardous cases while keeping errors under the threshold.
This document contains statements from the Cambridge IGCSE Chemistry syllabus regarding variation and selection. It defines key terms such as variation, genetic variation, phenotypic variation, continuous variation, discontinuous variation, mutation, gene mutation, adaptive features, fitness, natural selection, evolution, adaptation, selective breeding, and artificial selection. Examples are provided for each term, such as sickle cell anemia illustrating mutation and its inheritance, and antibiotic resistant bacteria demonstrating evolution by natural selection.
AsterixDB is an open source "Big Data Management System" (BDMS) that provides flexible data modeling, efficient query processing, and scalable analytics on large datasets. It uses a native storage layer built on LSM trees with indexing and transaction support. The Asterix Data Model (ADM) supports semistructured data types like records, lists, and bags. Queries are written in the Asterix Query Language (AQL) which supports features like spatial and temporal predicates. AsterixDB is being used for applications like social network analysis, education analytics, and more.
farmers organizations/farmers associations in india Dr. Gopala Y M
The document discusses farmers' organizations and their role in agricultural extension. It provides background on the extension system in India and problems faced by farmers. It then discusses the purpose and types of farmers' organizations, highlighting their role in providing services to members and benefits. The roles of extension in promoting farmers' organizations are outlined. Steps for establishing organizations and case studies of successful community-based and commodity-based organizations in India are also summarized.
Program kompensasi perusahaan harus ditetapkan berdasarkan prinsip adil dan wajar agar tujuan memberikan kepuasan bagi perusahaan dan karyawan dapat tercapai. Tujuan kompensasi meliputi ikatan kerja, kepuasan kerja, motivasi, dan stabilitas karyawan, sedangkan asas yang digunakan dalam menentukan kompensasi adalah asas adil dan layak.
This document provides an overview and summary of various dental indices used to measure oral health conditions. It defines key indices like DMFT/DMFS for dental caries, deft for primary dentition, RCI for root caries, and OHI for oral hygiene. Properties of an ideal index and purposes/uses of indices are outlined. The document also discusses indices like Sic, SCI, and Nyvad's criteria which provide additional information beyond traditional indices. Limitations of various indices are noted.
Highlights:
* Fastest GDP growth in 6 years
* Inflation slightly down
* Dynamic year for retail trade
In Focus.
Four years in the euro area – have the promises come true? author: Egils Kaužēns
"Highlights":
* Economy faces temporary slowdown
* Inflation hovering around 0
* Current account back to normal
"In Focus":
* The new school bag of the 2017 budget contains homework, autors: Guntis Kalniņš
The Latvian economy experienced slower GDP growth of 1% in 2016 due to delayed absorption of EU funds, but fundamentals remain robust. While industrial production and exports exceeded records, the labor market continued improving. The 2016 slowdown was temporary and GDP growth is expected to rebound in 2017. To accelerate convergence with Western Europe, the focus should shift to supply-side reforms in public institutions, education, and healthcare to strengthen potential GDP growth.
"Highlights":
* 2016 passed in expactations of investment and in the environment of weak external demand
* Wages grew at a slower rate last year
* Current account recorded a surplus of 369.5 million euro or 1.6% of GDP in 2016
"In Focus":
* Foreign direct investment globally and in Latvia, autore: Santa Bērziņa
Highlights:
- Broad-based growth drives GDP acceleration
- Inflation has reached its upswing potential
- Increase in external demand accelerates external trade
In Focus:
- "The importance of high value added services exports is growing for Latvia's economy" by Linda Vecgaile
1) The Latvian economy experienced a temporary slowdown in the first quarter of 2016, with GDP growth of 1.3% year-on-year but a decline of 0.1% quarter-on-quarter, driven by a large drop in construction output.
2) Exports declined in the first quarter, driven by decreases in machinery, electrical equipment, and re-exports, while import volumes also fell.
3) Retail trade growth was supported by rising incomes in 2015 but may slow in 2016 as wage growth moderates and the contribution from lower fuel prices diminishes. Income levels, lending, demographics, and consumer habits are more important determinants of retail trade in the long run than
"Highlights":
* Healthy growth, but caution warranted
* Inflation growth decelerating
* Recovery of imports increased current account deficit
"In Focus":
* Does the financing from the EU structural funds improve the competitiveness of Latvian businesses?, autors: Oļegs Krasnopjorovs
Annual inflation in Latvia declined to 0.6% in June due to falling energy and food prices. Bank loan portfolios increased for the first time in eight months driven by corporate lending. Merchandise exports continued to grow with machinery and chemicals seeing the fastest increases, though exports to Russia declined as other markets like Lithuania and the UK expanded. Latvijas Banka held a discussion on boosting productivity to support sustainable economic growth above 2-3%, noting the need for government strategy and education reforms to increase competitiveness.
- Annual wage growth has gradually decreased from 6.6% in Q4 2014 to 6.1% in Q1 2015, while annual inflation rose to 1.2% in May indicating sustained demand. GDP growth was stable and moderate at 2% year-on-year in Q1 2015.
- Private consumption was the main driver of GDP growth, rising 2.6% year-on-year due to increased wages and other factors like improved consumer confidence. Exports also grew but investment decreased slightly.
- Core inflation grew slightly more than expected in May, which can be partially explained by increased prices for accommodation and other services due to Latvia's presidency of the EU council, but also indicates the effect of sustained
Swedbank was founded in 1820, as Sweden’s first savings bank was established. Today, our heritage is visible in that we truly are a bank for each and every one and in that we still strive to contribute to a sustainable development of society and our environment. We are strongly committed to society as a whole and keen to help bring about a sustainable form of societal development. Our Swedish operations hold an ISO 14001 environmental certification, and environmental work is an integral part of our business activities.
"Highlights":
* Inflation stabilizes, main risk stems from oil price fluctuations
* Manufacturing retains high growth momentum
* Exports of goods increase volume and diversity
"In Focus":
* Tax reform, autors: Kārlis Vilerts
Latvijas Bankas "Monthly Newsletter", 10/2016Latvijas Banka
"Highlights":
* Substantial increase in high technology sectors
* Inflation is rising, but to a large extent owing to last year's developments
* External trade in August testifies to the power of Latvian cereal exports
"In Focus":
* #reformasLV or why Latvijas Banka cares about education and healthcare?, autors: Oļegs Krasnopjorovs
"Highlights":
* Manufacturing buoyant in May
* Exports withstand geopolitical circumstances
* Growth trends in lending stabilize
"In Focus":
* Overproduction of economists and lawyers in Latvia? Let's debunk this myth, autori: Oļegs Krasnopjorovs and Kārlis Vilerts
"Highlights":
* Energy prices keep annual inflation below zero
* Manufacturing growth regains momentum
* Latvia's exports: a zigzag path maintained
"In Focus":
* Latvia's exports to euro area: developments after joining, autore: Daina Pelēce
Highlights:
- Current account reflects the recovering investment activity
- Annual inflation continues hovering around 3%
- GDP growth exceeds expectations and leads to revised forecasts
In Focus:
- Latvia 2017: Back to growth and structural reforms, by Mārtiņš Grāvītis
Consumer prices in February remained broadly unchanged with annual inflation at 0.5%. While prices for winter clothing offset rising prices for seasonal tourist services, external factors like slightly higher oil prices contributed to marginal fuel price rises. Inflation is expected to remain positive in the coming months, albeit potentially lower than previously forecast due to delays in electricity market liberalization.
"Highlights":
* Manufacturing growth supported by nearly all sectors
* Exports regain pace
* Inflation boosted by global food prices growth while oil prices decrease
"In Focus":
* Comparison of the Baltic States' exports, author Daina Pelēce
Highlights
> Consumer price level down year-on-year
> Industrial production increased year-on-year in August
> Latvian exports resist unfavourable external factors
In Focus
>Exports of wood: contribution to total exports and changes
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Latvijas Banka Monthly Newsletter provides accurate and concise information about the most topical and important developments in the Latvian national economy.
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"Highlights":
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- Money indicators develop favourably
- Economic sentiment tends to improve
"In Focus":
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Latvijas Banka Monthly Newsletter 8/2016
1.
2. 1. Highlights Latvijas Banka Monthly Newsletter August 2016
Inflation returns
In July, inflation edged just above zero, with consumer
prices rising by 0.1% year-on-year. Thus, July was the
first month with a positive annual inflation in 2016. The
increase in consumer prices was mainly driven by supply
side factors, as starting from July the standard VAT rate
has been applied to home management services, and one
of the major mobile telephone operators has increased its
tariffs. Both changes pushed up prices of services in July,
which therefore continued to be the key contributor on
the positive side to the year-on-year inflation. Meanwhile,
annual changes in fuel and other energy prices were still in
the negative territory, reflecting the relatively low price of
oil. Looking forward, in the second half of 2016, inflation
is expected to remain positive, albeit just above zero, as
the commodity pressure is not intensifying and the annual wage growth is somewhat slower.
In the second quarter, retail trade continued to grow at a
moderate pace posting a year-on-year increase of 1.9%.
Once again, fuel retail proved to be one of the main
drivers behind the retail growth, mirroring the situation
we saw for most of 2015, when a prolonged period of
low fuel prices positively contributed to fuel retail. Also,
food retailing supported the retail growth, but the effect
was rather negligible, whereas the retail sale of household
electrical appliances accounted for the negative
contribution. Retail trade and private consumption will
probably continue to be among the main drivers of GDP
growth in 2016; however, slower wage growth at the
beginning of the year means that the positive contribution
might decline. Consumer confidence indicators as well as the increasing activity in consumer credit market
point to growing consumer intentions to make large scale purchases, e.g. a vehicle; this might negatively affect
everyday consumption.
Moderate growth in retail
In June, nominal exports of goods increased by a mere
0.4% year-on-year; however, as a result of falling prices,
real export volumes have increased more significantly.
June proved to be a good month for cereal exporters, as
exports of cereals grew more than twice in annual terms,
probably still reflecting sales of the last year's record
high harvest. As in previous months, exports of wood
and other wood products as well as pharmaceutical
products and food continued to be important drivers of
exports. These positive contributions, however, were
partially offset by a sharp drop in exports of steel and
iron as well as electrical machinery and equipment.
The export opportunities are still limited by the uneven
growth of Latvia's major external trade partners and the weak external demand. Therefore, investment in
raising competitiveness and acquiring new markets is essential to increase export volumes.
Challenging environment for exporters
3. Reporting
period
Data (%)
Gross domestic product (GDP)
Real GDP (year-on-year growth)
Real GDP (quarter-on-quarter growth; seasonally adjusted)
01.08.2016 In the second quarter of 2016, economic growth remains sluggish
2016 Q2
(flash estimate)
2016 Q2
(flash estimate)
0.7
0.4
Public finances
General government budget expenditure (since the beginning of the year;
year-on-year growth)
Tax revenue (since the beginning of the year; year-on-year growth)
2016 VII
2016 VII
–0.8
5.4
Consumer price changes
Consumer Price Index (CPI; year-on-year growth)
Harmonised Index of Consumer Prices (HICP; year-on-year growth)
12-month average inflation (HICP)
08.08.2016 There IS Inflation in Latvia
2016 VII
2016 VII
2016 VII
0.1
0.1
–0.3
Foreign trade
Exports (year-on-year growth)
Imports (year-on-year growth)
09.08.2016 Some enterprises boldly invest despite the uncertain external environment
2016 VI
2016 VI
0.4
–4.1
Balance of payments
Current account balance (ratio to GDP)
Foreign direct investment in Latvia (net flows; ratio to GDP)
2016 Q1
2016 Q1
1.8
–1.6
Industrial output
Working day-adjusted manufacturing output index (year-on-year growth)
04.08.2016 Manufacturing accelerated in the second quarter
2016 VI 8.2
Retail trade turnover
Retail trade turnover at constant prices (year-on-year growth)
01.08.2016 Retail trade suffers yet supports growth
2016 VI 0.9
Labour market
Registered unemployment (share in working age population)
Jobseekers rate (share in working age population)
17.08.2016 Minimum wage hike can deteriorate Latvian labour market
2016 VII
2016 Q2
8.3
9.5
Monetary indicators
Resident deposits (year-on-year growth)
28.07.2016 Moderate growth continues in the monetary sector
2016 VI 12.4
Sources: Treasury, CSB and Latvijas Banka.
2. Macroeconomic Data Latvijas Banka Monthly Newsletter August 2016
4. Over the last few years, the information and communications
technologies sector (ICT) has been among those with fastest growth. It
is no secret that in recent years rapid expansion of different ICTservices
could be observed in Latvia: programming, data storage, development
of mobile applications, development of various complex ICT solutions,
etc. However, unlike retail trade or manufacturing, the sector usually is
not in the spotlight of economic analysts and policy makers. This can be
explained by the size of the sector – ICT only accounts for about 5% of the total value added, even though
this level is close to the European Union's average. Nevertheless, the success of the sector should be noted:
it is one of the fastest growing, with high productivity levels, high average salary,implementation of latest
technologies, and other positive features.
The ICT sector consists of six subsectors: publishing
activities, video and television programme production,
programming and broadcasting activities, telecommu
nications,computerprogrammingandtherelatedactivitiesaswellasinformationserviceactivities.Historically,
the largest part of the ICT sector turnover in Latvia has been generated in the telecommunications sector (about
60%), where important players of the telecommunications market are operating. But over the last few years,
computer programming and information service activities have been rapidly gaining their relative share.
The ICT sector employs 2.9% (2015) of the total number of working population. Taking into account that
the sector accounts for about 5% of total value added, it is easily seen that the sector's productivity hovers
above the average level. In fact, it has the most elevated productivity level among all sectors. But, certainly,
labour productivity of such a level can also be explained by a comprehensive degree of automation and capital
intensity. For instance, the telecommunications sector is very capital intensive (technologies are cost intensive),
thus providing ample value added per person employed. However, the huge capital and technology intensity is
the factor why the salaries paid by the sector are among the largest across all sectors. Higher average salaries
are paid only in the financial sector. The large salaries of the ICT sector are determined by several factors.
Comprehensive technological intensity has already been mentioned. It means that there are fewer workers
employed but their skills have to be very advanced. For instance, computer programming requires very specific
training. The main reason, however, is the fact that Latvia's ICT sector is operating in an environment of open
market competition. The ICT sector has almost no transnational barriers in comparison to other sectors. Latvian
ICT companies are competing and collaborating with companies from all over the world. That is why the ICT
sector plays an important role in external trade. For instance, in 2015 the ICT sector accounted for almost 10%
of the current account surplus.
What future challenges does the ICT sector face in
Latvia? During the last decade, the availability of
PCs and the internet in households and companies
has increased substantially. That has been a significant
factor driving the growth of the ICT sector. Further
challenges will be related to an increase in computer/
internet literacy of the population. The range of
activities using ICT is still very narrow in Latvia.
Many do use the internet for entertainment purposes,
but only a few take the advantage of the full spectrum
of offered opportunities, like communication with the
public sector, e-learning, e-purchases, etc. Moreover,
the ICT sector is transforming: the importance of
mobility is increasing, therefore, the development of
mobile applications and solutions is currently the main
driver of changes in the ICT sector.
ICT is almost a perfectly performing sector
3. In Focus Latvijas Banka Monthly Newsletter August 2016
In recent years rapid expansion of different
ICT services could be observed in Latvia
Igors Kasjanovs
Chief Economist
Latvijas Banka