Poland’s debt increased by PLN 11.5 billion (EUR 2.41 billion), or by 1%, in June from the month before and reached PLN 1,179 billion (EUR 247 billion), the Finance Ministry reported. The share of foreign currency debt in the total sum reached PLN 263.5 billion (EUR 55.26 billion), or 22.3%, while debt in the domestic…
The National Bank of Ukraine has predicted that Ukraine’s economy will contract by a third in 2022. NBU Governor Kyrylo Shevchenko said this at a briefing on July 21. “Ukraine’s economy will shrink by a third in 2022, but if the Black Sea ports are unblocked, it will return to growth in 2023-2024,” Shevchenko said.…
Poland’s average corporate gross monthly wage rose by 13% YoY, to PLN 6,554.87 (EUR 1,375) in June, the Central Statistical Office (GUS) said on July 20. In monthly terms, the average wage rose by 2.4%. Economists polled by PAP expected a 13.3% annual increase in the corporate wage in June and a 2.7% monthly growth.…
In June, actual unemployment rate in Latvia constituted 6.3% and compared to May it reduced by 0.2%. Unemployment rate among females fell by 0.1%, to 5.4%, and among males by 0.3%, to 7.2%, according to results of the Labour Force Survey conducted by the Central Statistical Bureau of Latvia (CSP). The unemployment rate registered with…
The Economics Ministry encourages perspectives of enhancing the competitiveness in the field of electronic industry from Moldova, according to Economics Minister Sergiu Gaibu. On July 19, the minister visited ADD Grup, a company producing smart electricity meters and smart water meters. The goal of the visit was to discuss perspectives of development and growth of…
Poland’s industrial output rose by 10.4% YoY in June, the Central Statistical Office (GUS) reported on July 20. Month on month, industrial output decreased by 0.3%. Economists polled by PAP expected June’s manufacturing to grow by 11.2% YoY and by 0.9% MoM. Seasonally adjusted industrial production went up by 10.5% YoY, but declined by 0.9%…
Last month, the producer price index rose by 33.3% YoY, data from Statistics Estonia showed. The increase was driven by energy, manufacturing and food prices. While the index, which expresses changes in the producer prices of industrial goods manufactured in Estonia for the domestic market and for export, rose by 33.3% YoY, it increased by…