Ukraine: Razoni ship passes inspection

The Razoni bulk carrier has passed the inspection of the Joint Coordination Center and is ready to proceed to its destination. As the press service of the Ministry of Infrastructure of Ukraine posted on Facebook, the ship carrying Ukrainian corn left the Odesa port on August 1 and headed to the port of Tripoli in…

Poland: retail sales up in June 2022

Polish retail sales went up by 9.3% YoY in June after an 11.2% increase in May, Eurostat, the EU’s statistics agency, reported on August 3. Month on month, retail sales went down by 1%, the agency also said. Eurostat annual growth figures are work-day adjusted, while the monthly growth figures are also seasonally adjusted. Eurostat…

Georgia: Central bank keeps refinancing rate at 11%

The National Bank of Georgia has decided to keep the refinancing rate unchanged at 11% following a meeting of its Monetary Policy Committee on August 3. The country’s financial institution highlighted inflationary risks still remained a “current global challenge”, noting elevated prices on international markets “severely affected” most countries worldwide, including Georgia. “The sanctions imposed…