The National Statistical Institute (NSI) has unveiled the latest inflation data for January, shedding light on notable shifts in consumer prices across various sectors. According to preliminary NSI figures, January saw a monthly inflation rate of 0.5%, with annual inflation reaching 3.8%. The data provide crucial insights into the economic landscape, indicating trends in price…
Poland has not yet made a decision on the possible construction of a pipeline for the transportation of edible oil from Yahodyn, Volyn region of Ukraine, to the port of Gdansk, the Ministry of Agriculture and Rural Development reports. “Doubts of a legal and technical nature, as well as the circumstances surrounding the flow of…
In 2023, banks were charged UAH 73.5 billion in income tax, up 10-fold YoY. This was reported by Danylo Hetmantsev, Chairman of the Verkhovna Rada Committee on Finance, Taxation and Customs Policy, in a Telegram message. “The accrued income tax in 2023 amounted to UAH 73.5 billion, which is 10 and 11.5 times more than…
Ukrainian Danube Shipping Company has built another large-capacity SLG barge, using old lighter vessels (small 40-meter barges). The first SLG barge was set afloat in late 2023. The relevant statement was made by the Ukrainian Communities, Territories and Infrastructure Development Ministry on Facebook. “In 2023, the team of Ukrainian Danube Shipping Company, for the first…
In 2023, the annual inflation rate continued the downward trend of late 2022, and in the last quarter it entered the target range. Thus, the annual inflation rate decreased from 8.6% in September 2023 to 4.2% in December 2023. The information was included in the inflation report, presented by Governor of the National Bank of…
According to the express estimates of the National Statistical Institute, during the fourth quarter of 2023, the gross domestic product (GDP) increased by 1.6% YoY and by 0.5% QoQ, based on seasonally adjusted data. According to this information, the GDP in the last four months of 2023 increased by 1.6% YoY, while gross value added…
The entire Baltic power grid is basically ready to disconnect from BRELL at any moment, as confirmed by the new chairman of Augstsprieguma tikls (AST) Rolands Irklis. He said Russia’s provocations in relations to disconnecting from BRELL until February 2025 were considered a realistic scenario. “We know there could be something unexpected from our neighbour.…