Buying a flat or a house in the Georgian capital of Tbilisi became more expensive in the first quarter of the year, the latest Residential Property Price Index of the National Statistics Office of Georgia showed. Released on April 24, the Index pointed to a 9.3% increase in prices for flats and 11.6% for houses…
Poland’s industrial output fell by 2.9% YoY in March, the Central Statistical Office (GUS) reported on April 24. Month on month, industrial output increased by 14.1%. Economists polled by PAP expected March’s industrial production to fall by 1.8% YoY and to grow by 15.2% MoM. Manufacturing prices increased by 10.1% YoY in March, but fell…
Bilateral cooperation and the implementation of joint recovery projects were discussed during a meeting in Kyiv between Prime Minister of Ukraine Denys Shmyhal, Minister Delegate for Transport at the French Ministry of Ecological Transition and Territorial Cohesion Clement Beaune and Special Envoy of the President of France for Ukraine’s Relief and Reconstruction Pierre Heilbronn. “The…
The International Monetary Fund’s updated forecast, projecting the “highest” economic growth for Georgia – 5% average – among the countries of the wider region and Europe, in the medium term between 2023 and 2028 was discussed on April 22 by the Georgian Government’s Economic Council, led by Prime Minister Irakli Garibashvili. The council highlighted Georgia’s…
A drop in inflation could result in a faster rise in real wages in the second half of the year, an economist from the Polish Economic Institute (PIE) said. Dawid Sulkowski said economic stagnation had led to a shrinking labour market, which in turn hampered wage growth. But, he said that if inflation were to…
MPs Radu Marian, Dan Perciun and Andrian Cheptonar, on a working visit to Great Britain, had a discussion with Director of the Eastern Europe and Central Asia Directorate of the UK Foreign and Commonwealth Office Rupert Ainley. Idea of organizing a forum of businessmen from the two countries and connecting business associations from Great Britain…
Turkey ($673.7 million), Russia ($666.9 million) and China ($376 million) were the top trading partners of Georgia in its total external trade turnover between January and March, preliminary data from the National Statistics office of Georgia showed. Georgia’s top partners by exports were the USA ($216.9 million), Azerbaijan ($180.7 million) and Russia ($176.9 million), while…