Ukraine: industrial output up in April 2019

Industrial output in Ukraine in April accelerated to 5.2% from 2.1% in March. With calendar adjustment, industrial production growth in Ukraine in April accelerated to 4.4% YoY against 2.7% in March, the State Statistics Service of Ukraine has said. Industrial production in April compared to March decreased by 1.8% without calendar adjustment, but saw a…

Turkmenistan: cooperation with India to be intensified

President of Turkmenistan Gurbanguly Berdimuhamedov congratulated Indian Prime Minister Narendra Modi on the convincing victory of his Bharatiya Janata Party (BJP) in the general parliamentary elections. The Turkmen president expressed confidence that the high level of bilateral relations would continue to serve as a solid basis for enhancing Turkmen-Indian cooperation and interstate relations covering the…

Georgia: lari devaluation shot-term

The Georgian national currency, the lari, has depreciated in value against the US dollar and the euro in recent days, with $1 costing 2.7799 GEL, while 1 EUR costs 3.0954 GEL. Georgian Prime Minister Mamuka Bakhtadze says that “it seems this is a short-term effect and this will be regulated in the nearest future”. Bakhtadze…

Estonia: construction volumes up in Q1 2019

According to the information released by Statistics Estonia, in the first quarter of 2019, the total production of Estonian construction businesses in Estonia and foreign countries increased by 2% YoY. Overall construction volumes increased due to work done abroad, as construction volumes on the Estonian market decreased. In the first quarter of 2019, the production…

Azerbaijan: rail transportation up in Q1 2019

In January-March, 3.54 million tons of cargo were transported by rail, up by 8.2% YoY, Azerbaijan Railways CJSC reported. International shipments amounted to 1.82 million tons of cargo, including both export and import. Among the total cargo transportation, transit transportation amounted to 939,100 tons. Domestic shipments amounted to 781,200 tons of cargo. The average daily…