Belarus: GDP up in January-April 2017

According to initial estimates, in January-March Belarus’ gross domestic product totaled Br30.6 billion, up by 0.5% in comparable prices as against the same period a year earlier, the National Statistics Committee of Belarus reported. In January-April the GDP deflator index amounted to 106.9% as against the same period of last year. (BelTA/Business World Magazine)

Ukraine: rail freight traffic down in five years

Railway freight traffic in Ukraine from 2011 to 2016 decreased by 27%, Deputy Director General of state enterprise Ukrpromzovnishekspertyza Serhiy Povazhniuk has said. According to him, the volume of rail freight traffic began declining in 2012 due to the stagnation of industry. The rate of decline accelerated in 2014-2015 after the annexation of Crimea and…

Latvia: housing prices to rise

Predicting changes for housing prices in the next two to three years, 66% of interviewed Latvian residents said prices would likely increase, according to data from DNB Bank’s survey. Every tenth respondent expects housing prices to decline. 18% of respondents are confident that prices will remain the same. The highest proportion of respondents who expect…