Inflation is expected to reach 11.5% at the end of the year (December 2021 compared to December 2020). Such a forecast is contained in the National Bank’s Q3 report on monetary policy. The central bank noted that the dynamics of consumer prices in Kyrgyzstan this year was influenced by various shocks. The main non-monetary pro-inflationary…
Ukraine International Airlines (UIA) together with the Compass tour operator are preparing to start flights to the exotic resorts of the Dominican Republic (Punta Cana), Mexico (Cancun) and the Maldives (Male). The flights will start on the eve of the New Year holidays – from December 27. Given that the resumption of flights of Boeing…
Spanish low cost airline Vueling Airlines has launched Paris-Kyiv scheduled flights. “We are happy to welcome another airline to our aviation family – Vueling Airlines. As of today, 38 airlines fly on 118 routes to the Boryspil Airport, thus indicating the rapid resumption of passenger traffic and proving the fact that our strategy to attract…
Lithuania’s transport minister has asked the government commission vetting strategic companies’ deals to evaluate the existing contract between Lithuanian Railways and the Belarusian fertilizer producer Belaruskali. The state-owned railway company continues to transport Belaruskali products even as US sanctions come into force. Lithuanian Railways said that it had received pre-payment from Belaruskali and would continue…
Compared to November 2020, the average level of consumer prices increased by 7.5% in November 2021. The greatest pressure on the average price level changes in November 2021 compared to November 2020 was put by the rise in prices of goods and services related to housing, goods and services related to transport, prices of food…
Estonian accommodation establishments serviced over 227,000 tourists in October, up by 44% YoY, data from Statistics Estonia showed. Statistics Estonia analyst Helga Laurmaa said foreign tourists found their way to Estonia once again in October. “Compared to October 2020, there were three times more foreign tourists, although their number was still almost two times smaller…
The National Bank of Kyrgyzstan entered the foreign exchange market for the first time in December with intervention. It sold $10.5 million with settlements on the date of the transaction and $60.8 million – with settlements different from the transaction rate. This is the largest sale of US dollars since the beginning of 2021. Since…