Imports of goods rose by 9% YoY, in January, whereas exports fell by 1%, according to new figures from government agency Statistics Estonia. While overall exports declined, there was an increase in the exports of agricultural products and food preparations, and in particular, cereals, Statistics Estonia said. Estonia’s exports of goods amounted to EUR 1.14…
Interconnectedness of markets through trade and financial operations determines the impact of volatility in the main partner countries on financial indicators in Kyrgyzstan, the National Bank of the country has reported. Under the current conditions, the measures of the National Bank are aimed at mitigating the negative impact of external shocks on the economy of…
SCAT airline company is suspending flights to Mongolia amid coronavirus outbreak. “By decision of the National Emergency Management Agency of Mongolia, the country is suspending transport connections with other countries,” the company said. The company explained that the flights on the Nur-Sultan – Ulaanbaatar were suspended from March 11 till April 30. On March 10,…
In February, consumer prices in Ukraine decreased by 0.3% MoM, according to the State Statistics Service. “Consumer prices in February decreased by 0.3% compared to January and by 0.1% since the beginning of the year. Core inflation in February made up 0.1% compared to January and 0.3% since the beginning of the year,” reads the…
Fitch Ratings in its latest outlook expects Ukrainian economy to grow by 3.5% in 2020 from 3.2% in 2019. In 2021, it could grow by 3.8%, supported by private consumption and investment. Fitch considers that growth and investment prospects depend on the adequate and timely implementation of reforms to address constrains such as the rule…
Production decreased by 11% in January compared to the previous year and in most areas of industry, data released by Statistics Estonia showed. Electricity and heat production saw the largest declines. Compared to January 2019, the production of electricity decreased by 59% and the production of heat by 25%. Compared to January 2019, the total…
At the end of February the level of registered unemployment in Latvia was 6.3% of economically active population, down by 0.1% MoM, as reported by the State Employment Agency (NVA). At the end of February a total of 58,247 unemployed people were registered with NVA, down by 585 people. The lowest registered unemployment level at…