Ukraine: inflation up in August 2018

Inflation in Ukraine in August in annual terms, compared to August 2017, was recorded at 9%, accelerating from 8.9% a month earlier. At the same time, prices did not increase against July after a negative trend at -0.7% July to June, the State Statistics Service reported. Compared to December 2017, prices increased by 3.6%. According…

Kazakhstan: economy growing in January-August 2018

According to the results of the first eight months of 2018, the growth of gross domestic product (GDP) in Kazakhstan amounted to 3.8%, Minister of National Economy Timur Suleimenov revealed. While addressing the government’s session, minister Suleimenov noted that the positive trend of economic growth in Kazakhstan had persisted in January-August. “At the same time…

Belarus: exports up in January-July 2018

In January-July Belarus’ export of goods and services went up by 18.8% YoY, to reach $23.7 billion, according to the statistical data published on the website of the National Bank. The foreign trade in goods and services made up $47.1 billion, up by 20.1%. The export totaled $23.7 billion, and the import exceeded $23.3 billion…

Ukraine: Ukrzaliznytsia to sustain no losses from cessation of rail services with Russia

Ukrainian Infrastructure Minister Volodymyr Omelyan has said that PJSC Ukrzaliznytsia will not sustain financial losses in the event of termination of railway services with Russia. “These eight trains, which now run in the Russian direction, could have become a significant relief for Ukrainian citizens who want to travel inside the country. They would generate at…