Lithuania: imports of Belarusian goods double

Lithuanian government’s sanctions have banned Belarusian building materials from entering Lithuania as of March. But these materials can still be found on construction sites in the country. The sanctions on Russian and Belarusian building materials came into force on March 9. But goods ordered before March 4 could still be shipped to Lithuania for at…

Poland: retail sales up in April 2022

Polish retail sales grew by 21.1% YoY in April after a 19.4% increase in March, Eurostat, the EU’s statistics agency, reported. Month on month, retail sales went down by 3.3%, the agency also said. Eurostat annual growth figures are work-day adjusted, while the monthly growth figures are also seasonally adjusted. Eurostat data also include small…

Georgia: businesses turnover up in Q1 2022

The turnover received by the Georgian business sector increased by 33.2% YoY and amounted to GEL 38.6 billion (about $12.95 billion or EUR 12.05 billion) in the first quarter of 2022, the latest data published by the National Statistic Office of Georgia showed. The trade sector (including repair of motor vehicles and motorcycles) had the…

Poland: most Poles cannot afford a holiday

As many as 59% of the Polish public cannot afford to go on holiday this year, a new survey has shown. The June 3 edition of the Super Express daily, which commissioned the research, highlighted the effects of inflation on Poles’ vacation plans. “Inflation stood at almost 14% in May and according to economists, the…