Kyrgyzstan: investment inflow down in Q1 2021

Compared to the first quarter of 2020, inflow of foreign direct investment to Kyrgyzstan decreased by almost a quarter, the National Statistical Committee reported. The inflow of investments in January-March compared to the same period in 2020 decreased by 24.4% and amounted to $112.1 million. There was a decrease in the inflow of all components,…

Ukraine: milk production down in January-May 2021

Milk production in Ukraine decreased by 5.3% YoY in January-May, according to the State Statistics Service of Ukraine. In particular, milk output amounted to 3.43 million tons, including 1.4 million tons produced by agricultural enterprises (-0.6%) and 2.29 million tons by private households (-6.5%). The highest volumes of milk production over the reporting period were…

Latvia: grey economy reaches 25.5%

Last year grey economy in Latvia increased by 1.6% YoY, reaching 25.5% of the country’s GDP, as reported by Stockholm School of Economics in Riga business center director Arnis Sauka at a press-conference dedicated to grey economy. He said that the grey economy had increased since 2021 and this was not a good thing. “If…