OREANDA-NEWS. January 07, 2007. On a year-over-year basis, Composite Index of Macroeconomic Indicators (CIMI) --estimated by using constant prices - rose 10,4 percent in November 2007, Baiba Melnace, Director of the Communications Department, Ministry of Finance, said to the Baltic news portal Delfi, reported the press-centre of JSC „Baltic International Bank”.

According to the Ministry’s data, key factors that contributed to the index’s growth were the increase in sales of industrial products, rise in the average gross salary and surge in the volume of cargo carried by railroad.  

The dominant factors that negatively influenced the index were poor industrial-output numbers, decline in circulating cash and decrease in retail sales.