Poland: GDP up in Q3 2022

Poland’s Gross Domestic Product (GDP) increased by 3.6% YoY in the third quarter of 2022, the Central Statistical Office (GUS) said on November 30. The figure is slightly higher than the previous flash estimate in which GUS said that in Q3 GDP growth would be at 3.5%. In Q2, the country’s GDP rose by 5.8%,…

Georgia: economy up in January-October 2022

The Georgian economy grew by 10% YoY in January-October with the real gross domestic product growth showing an 8.3% increase over the previous year, the latest data from the national statistics office showed. Areas including construction, transport and warehousing, financial and insurance activities and mining industry made a “significant contribution” to the growth, the body…

Poland: inflation to slow from March 2023

Poland’s inflation rate is expected to slow down in March 2023, the Polish Economic Institute (PIE), a government think-tank, has said commenting on the latest figures from the Central Statistical Office (GUS). GUS reported on November 30 that the Polish consumer price index (CPI) increased by 17.4% YoY in November on a 0.7% MoM increase.…

Georgia: downtown Tbilisi avenue closed for road works

Traffic movement and municipal transport routes will be restricted on downtown Tbilisi’s Rustaveli Avenue between until December 5 for planned road repair works, Tbilisi city hall has announced. Vehicles are directed from the avenue through Leo Kiacheli and Giorgi Akhvlediani streets in the direction of Merab Kostava Street, and to Heroes Square through Niko Nikoladze…

Poland: CPI up in November 2022

Prices of consumer goods and services (Consumer Price Index, CPI) increased by 17.4% YoY and by 0.7% MoM in November, the Central Statistical Office (GUS) reported on November 30. Economists polled by PAP Business estimated that November’s CPI would reach 18% YoY and by 1.1% MoM. In October, the prices of consumer goods and services…