Ukraine: retail trade up in January-April 2019

Retail trade in Ukraine grew by 7.9% YoY in comparable prices in January-April 2019, to UAH 319.887 billion ($12.3 billion). Retail turnover increased the most in Vinnytsia region (by 13.2%, to UAH 5.167 billion or $197.9 million), Kyiv region (by 12.1% to UAH 17.798 billion or $681.7 million), Ivano-Frankivsk region (by 12% to $4.551 or…

Kyrgyzstan: state debt down in March 2019

In March state debt of Kyrgyzstan amounted to $695.65 per capita. Over the month, the debt burden has decreased by $4.95. According to the Ministry of Finance, as of March 31, the total amount of state debt (external + internal) in Kyrgyzstan was $4,452.22 billion (310,986.13 billion soms), including $3,792.46 billion (264,901.53 billion soms) –…

Azerbaijan: GDP up in January-April 2019

Azerbaijan’s GDP exceeded 23.8 billion manats in January-April that is 2.1% more than in January-April 2018, the State Statistical Committee reported. The volume of GDP per capita stood at 2,411.8 manats. Some 46.5% of Azerbaijan’s GDP accounted for industrial sphere, 5.9% – for construction, and 3.1% – for agriculture, forestry and fishery. Net taxes on…

Estonia: unemployment rate down in Q1 2019

According to the information published by Statistics Estonia on May 15, in the first quarter of 2019, the labor force participation rate in Estonia was 70.8%, the employment rate 67.5% and the unemployment rate 4.7%. While the labor force participation rate and employment rate remained steady, the unemployment rate decreased by 2.1% YoY. In the…

Kazakhstan: GDP up in January-April 2019

Kazakh National Economy Minister Ruslan Dalenov gave an insight into the country’s economic growth rates. According to him, the country’s GDP growth made 4% in January-April against 3.8% recorded in this January-March due to accelerated development in manufacturing sector, service industry, agriculture and steady construction rates. “Since the beginning of the year the inflation rate…

Latvia: inflation at 3.2-3.4% predicted for April 2019

Compared to March, consumer prices in April possibly grew by 0.6-0.8%, which means annual inflation in Latvia has reached approximately 3.2-3.4%, bank analysts predict. Swedbank’s acting chief economist in Latvia Agnese Buceniece notes that in April, when compared to March, consumer prices increased by 0.6%, whereas annual inflation was approximately 3.2% when compared to April…

Ukraine: local budget revenues in Mykolaiv region up in January-April 2019Ukraine: local budget revenues in Mykolaiv region up in January-April 2019

Since the beginning of 2019, UAH 2 billion in revenues from taxes have been transferred to local budgets of Mykolaiv region, up by 21% YoY, Deputy Head of the Mykolaiv Regional State Administration Oleksandr Kushnir wrote on his Facebook page. “Since the start of the year, the general fund of local budgets of Mykolaiv region…

Armenia: wage taxes not to overload entrepreneurs

The proposed amendments to the Tax Code plan a 23% flat income tax, which in turn will reduce year-by-year and reach 20%, Deputy Minister of Finance Arman Poghosyan told lawmakers at hearings of the economic affairs committee. A representative of a civil society organization asked the official, which countries they’d observed in terms of experience…

Ukraine: industrial output up in March 2019

Industrial output in Ukraine grew by 2.1% YoY in March without taking into account the adjustment for the calendar day effect, after a 1.8% fall in February. The growth in industrial output in March, with the calendar day adjustment, accelerated to 2.7% after a 1.8% decline in February, the Ukrainian State Statistics Service said on…

Ukraine: gross national income up in 2018

The gross national income of Ukraine in 2018 increased by 19.3% YoY, the State Statistics Service of Ukraine has reported. According to updated data of the State Statistics Service, Ukraine’s gross national income last year amounted to UAH 3.64 trillion. According to the State Statistics Service, the gross national income in 2017 amounted to UAH…

Ukraine: gross national income up in 2018

The gross national income of Ukraine in 2018 increased by 19.3% YoY, the State Statistics Service of Ukraine has reported. According to updated data of the State Statistics Service, Ukraine’s gross national income last year amounted to UAH 3.64 trillion. The gross national income in 2017 amounted to UAH 3.05 trillion, up by 29.2% YoY.…