According to Statistics Estonia, in March, the total production of industrial enterprises increased by 7.8% at constant prices compared to March 2021. Output increased in all three sectors: by 6.6% in manufacturing, by 5.2% in mining and by 21.3% in energy production. According to Helle Bunder, analyst at Statistics Estonia, production volumes increased in most…
The Cabinet of Ministers of Ukraine adopted a decision to keep gas prices for the population unchanged. “Today, we adopt a decision to keep gas prices for people unchanged. No increase. UAH 8 per 1 cubic meter as before. The preferential price will remain in place for enterprises that perform critical functions to ensure the…
Over 80% of the Polish public appreciate the economic benefits of EU membership, while 82% see its results in an improved situation on the labour market, according to a report by the Polish Economic Institute (PIE). May 1 marked Poland’s 18th anniversary of EU accession. During this time, the country’s GDP per capita has grown…
When the full-scale invasion of Ukraine began on February 24, people in Estonia responded with great zeal and donations poured in. With the war now in its third month, donors’ drive has begun to lose momentum, however help is still needed in Ukraine. Luhansk, Donetsk and Kharkiv regions are the parts of Ukraine currently in…
Global ratings agency Moody’s has affirmed Poland’s long-term credit rating at the A2 level, an upper-medium grade, with stable outlook. Moody’s acknowledged Poland’s efforts to increase its energy security and bolster NATO guarantees, the resilience of the country’s economy and its strong institutional framework as well as a beneficial structure of debt and its relatively…
Lithuania’s economy grew by slightly more than 4% in the first quarter of this year, compared to the same period last year, most economists estimated. Four out of the six experts surveyed believe that the country’s GDP growth ranged from 4% to 4.4%, while one analyst said it grew by 3.2% and another analyst said…
Poland is facing double-digit inflation, the president of the Polish Development Fund has said. The warning comes, as prices of consumer goods and services (Consumer Price Index, CPI) increased by 12.3% YoY and by 2% MoM in April, the Central Statistical Office (GUS) reported in a flash estimate. Economists polled by PAP Business estimated that…