Ukraine: industrial output up in March 2019

Industrial output in Ukraine grew by 2.1% YoY in March without taking into account the adjustment for the calendar day effect, after a 1.8% fall in February. The growth in industrial output in March, with the calendar day adjustment, accelerated to 2.7% after a 1.8% decline in February, the Ukrainian State Statistics Service said on…

Azerbaijan: food imports up in Q1 2019

In January-March, Azerbaijan increased the imports of food products by 15.4% YoY, to $389.942 million, reported the State Customs Committee. In particular, wheat formed the major share in the structure of food imports – 405.8 thousand tons (up by 28.4%) valued at $91.13 million, while vegetable and animal oils – 33.1 thousand tons (-25%) at…

Latvia: Swedbank’s profit up in Q1 2019

Swedbank’s profit in Q1, compared to the same period of 2018, grew to EUR 29 million. The reason for this was increased economic activity by the bank’s clients and therefore bigger income for the bank, as reported by the bank’s representative Janis Krops. Net interest income, when compared to Q1 2018, grew by 6%, which…