Compared to May 2021, total retail trade turnover increased by 4.2% in May 2022. Turnover of retail trade in food products grew by 2.9%. Retail trade in non-food products (except for retail sale of automotive fuel) increased by 7.8%, but turnover of retail sale of automotive fuel reduced by 2.6%. As compared to May 2021,…
The Warsaw Stock Exchange (GPW) has signed an agreement to acquire a 65.03% share in the Armenia Securities Exchange (AMX), the Polish bourse has announced in a press statement. The total price of the AMX shares purchased by GPW is approximately PLN 9.6 million (EUR 2 million). As a result of the transaction, GPW will…
Annual inflation in Lithuania reached 20.5% in June, according to preliminary estimates by Statistics Lithuania. Inflation was mainly influenced by an increase in the prices of foodstuffs and non-alcoholic beverages, housing, water, electricity, gas and other fuels, transportation. The preliminary monthly change in consumer prices was 2.2% in June compared with May. The indicators are…
On June 28, the Finance Ministry placed government domestic bonds worth more than UAH 2 billion. A total of UAH 306.8 million was raised in the state budget through the placement of three-month hryvnia-denominated bonds, UAH 30.05 million – six-month bonds and UAH 12.6 million – 1.5-year bonds. In addition, a total of $46.4 million…
The Ukrainian court ruled to seize property belonging to Russian corporations totaling more than UAH 4.5 billion. The Office of the Prosecutor General noted that the pre-trial inquiry launched into the plotting and conducting an aggressive war against Ukraine identified assets of Russian corporations, including those hidden in offshore jurisdictions, that could be used in…
Minors will no longer be able to buy lottery tickets in Lithuania under a new law passed on June 28. The parliament adopted the amendments to the Law on Lotteries in a vote of 88 to seven with 23 abstentions. The ban will come into effect in January 2023. The new legislation will also prohibit…
Inflation in Poland is expected to continue to rise, the Polish government spokesman has said. Poland is battling one of the highest inflation rates the country has seen in years. According to the Central Statistical Office, prices of consumer goods and services (Consumer Price Index, CPI) increased by 13.9% YoY and by 1.7% MoM in…