Poland: HICP inflation up in May 2022

Poland’s Harmonised Index of Consumer Prices (HICP) rose to 12.8% YoY in May, against an 11.4% growth in the previous month, Eurostat, the European Union’s statistics office, reported. Month on month, prices increased by 1.6%, Eurostat data showed. HICP is calculated according to uniform Eurostat methodology. According to Poland’s Central Statistical Office (GUS), the prices…

Lithuania: police open probe into mysterious flight over Eastern Europe

Lithuania’s police have opened a pre-trial investigation into a mysterious flight from Lithuania over several Eastern European countries that landed in Bulgaria. “A pre-trial investigation into a violation of international rules of the air has been opened at the Criminal Police Bureau,” Saulius Briginas, deputy chief of the Criminal Police Bureau, said. According to Briginas,…

Estonia: number of e-shops up during pandemic

There are currently 7,700 e-shops in Estonia, with the number having increased by around 1,700 during the pandemic. “In 2020, we monitored domains using the e-commerce platform and according to the data, there were about 6,000 different e-shops operating in Estonia at that time,” said Tonu Vaat, CEO of the Estonian E-Commerce Association. “In cooperation…

Ukraine: pig industry in critical condition

The Russian invasion has put Ukraine’s pig industry in jeopardy, as large breeding, slaughtering and processing capacities are located in the occupied territories, said Daniil Getmantsev, head of the financial committee of the Verkhovna Rada following a meeting with the Ukraine Meat Industry Association on June 7. “Unfortunately, a critical situation has emerged in the…

Poland: exports up in April 2022

An increased demand for Polish goods and services was the main growth engine for Poland’s exports in April, according to a government think-tank expert. The National Bank of Poland’s balance of payments data showed that Poland’s exports reached a record high value of PLN 123.4 billion (EUR 26.25 billion) in April. Konrad Bochniarz, an economist…