Exports of goods recovered from the spring coronavirus pandemic and remained at approximately the same level in June as in June 2019, according to the state agency Statistics Estonia, though imports fell by 8%. Wood and metal industries were the main driver for the recovery, the agency said. When taken as a whole for the…
The share of cashless payments in Ukraine in January-June increased by 5.7% YoY, to 55.1%, and the total number of cashless transactions rose by 4.1%, to 86.1% (3.36 billion), according to the website of the National Bank Ukraine (NBU). According to the NBU, the total number of transactions (non-cash and cash withdrawals) using payment cards…
In the space of 6 months, 22 meetings with investors, of these 17 foreign ones, have taken place in Turkestan region. Investment in 55 projects worth KZT 234 billion, including 13 projects to the tune of 94.65 billion tenge, will allow for creation of 2,162 jobs. One of such projects includes the creation of an…
The Consumer Price Index (CPI) in Estonia saw a slight negative change YoY in July, state agency Statistics Estonia reported, driven by decreasing electricity and fuel prices, as well as falling rent prices. CPI fell by 0.9% YoY, but remained unchanged on the previous month. Cheaper electricity and fuel was in particular a factor over…
Ukrainians in July sold $1.543 billion in cash through the banking system, up by $222 million from what they bought ($1.321 billion). Thus, foreign currency sales exceeded purchases for the eighth month in a row, the National Bank of Ukraine said on its website. Since the beginning of the year, sales of cash foreign currency…
The National Bank of Ukraine (NBU) has estimated how much money has been sent by Ukrainian migrant workers home since the beginning of the year. From January to June, private remittances via official and non-official channels to Ukraine totaled $5.365 billion in the equivalent; while those from Ukraine stood at $246 million in the equivalent,…
E-sports should become a part of Ukraine’s economy, as competitions and game development can replenish the state budget. “E-sports is a powerful global trend. About 600 million people, including millions of Ukrainians, are engaged in this activity. Thus, e-sports should become a part of our country’s economy as competition, infrastructure and game development can significantly…