At the end of 2023, household expenses increased by 19.1%, with the majority spent on food – approximately one-third of all expenditures. This is indicated by the data from the National Statistical Institute (NSI). In the third quarter of 2023, the average total income of households was 2,874 BGN, increasing by 22.5% compared to the…
Annual inflation in Poland stood at 3.9% in January, decelerating sharply from 6.2% in December 2023, preliminary data from Statistics Poland (GUS), a state agency, showed. It was the lowest figure Poland had seen in almost three years, during which time inflation reached a peak of 18.4% in February last year. The slowdown in inflation…
The Ministry of Economy of Ukraine and the World Bank are working to mobilise $500 million to finance projects to support Ukrainian businesses in 2024. This issue was discussed during a meeting between the team of the Ministry of Economy of Ukraine and the World Bank mission headed by Arup Banerji, the World Bank Regional…
Ukraine’s trade turnover in January was $8.5 billion, up by 7% YoY, the State Customs Service reported. “In January, Ukraine imported goods worth $5.1 billion and exported $3.4 billion. At the same time, taxed imports amounted to $4.5 billion, which was 90% of the total volume of imported goods,” the statement said. Most of the…
In June-October 2023, Energocom company purchased about 600 million cubic meters of gas (or 6.37 million MWh) at an average price of $410 per thousand cubic meters (35.07 euros/MWh). On June 6-October 5, 2023, more than 40 tenders were organized for the procurement of natural gas both from own sources and from the account of…
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…