As many as 87% of Poles feel strongly affected by increased food prices, a survey revealed on August 31. 71% said they were the most hit by rising fuel costs, while 45% named utility costs. According to the Payback Opinion Poll run by Payback Polska, rising inflation has forced Poles to cut their spending. When…
The Financial Crimes Investigation Service (FNTT) has denied Lithuanian Railways (LTG) a general authorisation to receive payments for the transit of sanctioned goods between mainland Russia and its Kaliningrad exclave and will look into each request on a case-by-case basis. The FNTT says it cannot grant the general authorisation requested by LTG to receive and…
Prices of consumer goods and services (Consumer Price Index, CPI) increased by 16.1% YoY and by 0.8% MoM in August, the Central Statistical Office (GUS) reported in a flash estimate on August 31. Economists polled by PAP Business estimated that August CPI would reach 15.5% YoY and 0.2% MoM. In July, the prices of consumer…
The estimated real Gross Domestic Product of Georgia grew by 9.7% YoY in July, while the average real GDP increased by 10.3% in January-July, the latest data from the National Statistics Office of Georgia showed. The GDP growth in July was observed in the following sectors: transportation and storage, construction, information and communication, mining and…
The coming months should bring a slight inflation fall, with inflation expected at 14.5% at the close of Q4, an economic expert said commenting CPI results published by the Central Statistical Office (GUS) on August 31. GUS wrote that August inflation stood at 16.1% YoY and increased by 0.8% MoM. Jakub Rybacki from the Polish…
Turto Bankas (Property Bank), Lithuania’s centralised public property management company, was hit by a cyberattack on August 30, which briefly knocked out its external websites. The company believed it was a response to its “putinOut” campaign. The websites turtas.lt and valstybesturtas.lt were down between 12:30 and 13:00 as a result of a distributed denial of…
The international partners have provided Ukraine with $17.5 billion since the start of Russia’s full-scale invasion. “In total, our international partners have provided Ukraine with $17.5 billion since the beginning of Russia’s full-scale invasion. We are grateful to everyone for this assistance, which allows us to ensure the economic stability of our state. At the…