The producer price index of industrial output rose by 9.4% YoY in June, state agency Statistics Estonia reported on July 20. The index rose by 2.6% between May and June. “Falling prices in mining and quarrying and in the manufacture of beverages had an opposite effect on the index,” Eveli Sokman, leading analyst at Statistics…Details
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The effective use of labor potential and the return of migrant workers from abroad is a matter of national security and statehood, Ukraine’s First Deputy Prime Minister, Economy Minister Oleksii Liubchenko has said at the opening of the All-Ukrainian Forum “Ukraine 30. Human Capital” in Kyiv. He said it was impossible to count the exact…Details
Turkey expects Ukrainian business to take more active steps to develop joint projects and the Government of Ukraine – to sign a bilateral free trade agreement. “There is a very important issue – signing the free trade agreement between Turkey and Ukraine,” Rusen Cetin, Chairman of the Foreign Economic Relations Board (DEIK) at the Turkey-Ukraine…Details
The share of renewable electricity in Estonia’s total electricity consumption was 28.9% in the second quarter of this year, up from 24.7% in the same three-month period in 2020, the country’s transmission system operator Elering said on July 19. In the second quarter, Estonian power plants produced 602 gigawatt-hours of renewable electricity, up by 23%.…Details
Georgia’s external trade turnover amounted to $6.2 billion in January-June, up by 20.7% YoY. The value of exports increased by 25.2% and totaled $1.88 billion, while imports increased by 18.9%, to $4.32 billion. The trade deficit of Georgia in January-June amounted to $2.44 million, or 39.3% of total trade turnover. In the reporting period Georgia’s…Details
Due to unusually hot weather, there has been a sharp increase in demand for ice cream, water and other appropriate summer food products, according to results of a survey performed among traders. SIA Rimi Latvia public relations manager Juris Sleiers said in the survey that residents had significantly changed their purchasing habits ever since the…Details
President Gitanas Nauseda has appointed his adviser Simonas Krepsta to the board of the Bank of Lithuania. Krepsta will fill a vacant spot in the bank’s five-member executive body. He was Nauseda’s chief adviser on economic and social policy. Irena Segaloviciene, who is advising the president on social issues, will replace Krepsta in Nauseda’s team,…Details