Estonia: consumer price index up in January 2021

In January, the consumer price index, which expressed the change in the prices of consumer goods and services, rose by 0.2% YoY, state agency Statistics Estonia reported. In addition, goods were 0.8% cheaper than in January 2020, while services were 2% more expensive. Viktoria Trasanov, leading analyst at Statistics Estonia, said that compared to January…

Kyrgyzstan: agriculture financing project launched

Implementation of Financing of Agriculture-9 project has started in Kyrgyzstan. The corresponding decision was signed by the Prime Minister Ulukbek Maripov. According to the press service of the government, the decision was made in order to successfully conduct spring fieldwork and timely finance agricultural entities. The target sectors within the project will be animal husbandry,…

Ukraine: government to stimulate programs to cut financial resource cost for business

Prime Minister Denys Shmyhal says that in order to accelerate economic growth, the Ukrainian government will continue to stimulate government programs aimed at facilitating access to financial resources. The prime minister stated this at a special gathering of business community “EBA Global Outlook 2021: the Year of Big Questions”, when asked how the government would…

Estonia: layoffs main cause for job loss in 2020

Registered unemployment in Estonia increased to 8.3% in December 2020 with the largest rate of unemployment present in Ida-Viru County. The most common for unemployed persons registering with the Unemployment Insurance Fund (Tootukassa) last year was layoffs. In 2020, the fund registered a total of 110,942 unemployed people, up by 30.6% YoY. There were 87,877…

Ukraine: trade turnover down in January 2021

Ukraine’s trade turnover in January amounted to $8.14 billion, down by $140 million YoY, according to data provided by the State Customs Service of Ukraine. In January, Ukraine imported goods worth $4.2 billion (imports increased by $87 million, or by 2%). Exports from Ukraine amounted to $3.9 billion (down by $227 million, or by 5%).…