The consumer price index grew by 18.8% YoY in April, with price advance faster than in decades. Housing expenses contributed the most, Statistics Estonia reported. According to Statistics Estonia, in April, the consumer price index increased by 3.6% MoM and by 18.8% YoY. Goods were 14.4% and services 27.8% more expensive than in April last…Details
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During his working visit to Warsaw, the Prime Minister of Ukraine Denys Shmyhal announced that since the beginning of the full-blown russian invasion of Ukraine, the country had obtained more than $12 billion in support in the shape of weaponry and finances. “These are funds from Ukraine’s allies that help us defend our freedom and…Details
During his working visit to Warsaw on May 5, the Prime Minister of Ukraine Denys Shmyhal met with the Prime Minister of Iceland Katrin Jakobsdottir. The parties discussed the consequences of Russia’s war against Ukraine and the need to prolong sanctions pressure against the terrorist country. The Prime Minister of Ukraine said that russia continued…Details
Electric Transport company launched ten new trolleybuses on the electric transport routes in the capital. The new AKSM trolleybuses were manufactured at Belkommunmash plant in Minsk and assembled in the RTEC repair workshop. They are equipped with air conditioning systems, indoor and outdoor surveillance cameras and USB sockets. All transport units have LED-based optical blocks,…Details
Compared to March 2021, industrial production output rose by 6.3% in March, according to calendar adjusted data at constant prices. Output increase was registered in manufacturing (+10%) and mining and quarrying (+9.2%). In turn, the supply of electricity and gas decreased by 18.6% due to a decrease in the volume of electricity produced in CHP…Details
The inflow of foreign direct investment (FDI) into Poland in 2021 hit a record high of $24.8 billion, up by 82% from pre-pandemic 2019. According to the state-owned think tank, Polish Economic Institute (PIE), Poland was 14th in the world and the third in the EU, behind Germany and Sweden, in terms of the value…Details
Unions in Estonia want the monthly minimum wage to be hiked extraordinarily, to EUR 700, citing inflation and high energy prices. Employers are more lukewarm about the idea. The current minimum wage per month is EUR 654, set at the end of last year. The Confederation of Trade Unions (Ametiuhingute keskliit) made its proposal to…Details