Poland: CPI up in August 2022

Prices of consumer goods and services (Consumer Price Index, CPI) increased by 16.1% YoY and by 0.8% MoM in August, the Central Statistical Office (GUS) reported in a flash estimate on August 31. Economists polled by PAP Business estimated that August CPI would reach 15.5% YoY and 0.2% MoM. In July, the prices of consumer…

Georgia: GDP growth rate up in July 2022

The estimated real Gross Domestic Product of Georgia grew by 9.7% YoY in July, while the average real GDP increased by 10.3% in January-July, the latest data from the National Statistics Office of Georgia showed. The GDP growth in July was observed in the following sectors: transportation and storage, construction, information and communication, mining and…

Poland: inflation to fall in coming months

The coming months should bring a slight inflation fall, with inflation expected at 14.5% at the close of Q4, an economic expert said commenting CPI results published by the Central Statistical Office (GUS) on August 31. GUS wrote that August inflation stood at 16.1% YoY and increased by 0.8% MoM. Jakub Rybacki from the Polish…

Lithuania: state property manager hit with cyberattack after announcing “putinOut” campaign

Turto Bankas (Property Bank), Lithuania’s centralised public property management company, was hit by a cyberattack on August 30, which briefly knocked out its external websites. The company believed it was a response to its “putinOut” campaign. The websites turtas.lt and valstybesturtas.lt were down between 12:30 and 13:00 as a result of a distributed denial of…

Ukraine: international partners allocate $17.5 billion since start of full-scale war

The international partners have provided Ukraine with $17.5 billion since the start of Russia’s full-scale invasion. “In total, our international partners have provided Ukraine with $17.5 billion since the beginning of Russia’s full-scale invasion. We are grateful to everyone for this assistance, which allows us to ensure the economic stability of our state. At the…