Russia: economic indicators decline slowed down

The decline in Russia’s key economic indicators has slowed down due to implementation of the government’s supportive measures, though they are still in the negative zone, Prime Minister Dmitry Medvedev said Tuesday. “The situation on global financial markets is still unfavorable for us. Though our key economic indicators have narrowed losses they’re still in the…

Ukraine: new season for sunflower oil market

In the season-2016/2017 the production of sunflower oil in Ukraine will increase to 5.36 million tons, against 4.78 million tons in the previous year, due to significant increasing of sunflower seed production in the country. As a result, the key country-exporter of sunflower oil in the world will increase its shipments by 0.55 million tons…

Kyrgyzstan: GDP down in H1 2016

Kyrgyzstan’s GDP fell by 2.3% in the first half of 2016, Deputy Chairman of the National Statistics Committee of KR Lyuksina Tekeeva reported today at a press conference. According to her, since the beginning of the year, GDP amounted to slightly more than 176 billion soms. It decreased compared to 2015, although the drop is…