Lithuania: third of income spent on food

People in Lithuania are spending 63.9% of their income on essentials, like food and housing, according to the latest Eurostat data. The expenditures have increased by 50% compared to 2016. “The year 2021 was an unusual year in terms of consumption, as Covid-19 led to a reduction in tourist trips and fewer events,” said Inga…

Georgia: economy up in H1 2022

The Georgian economy grew by 7.2% in June and by 10.5% in the first six months of 2022, the latest data from the National Statistics Office of Georgia showed. Last month the estimated real growth was observed in the following activities: transportation and storage; electricity, gas, steam and air conditioning supply; information and communication; hotels…