In May, the producer price index of industrial output increased by 0.1% MoM, but decreased by 3.9% YoY, Statistics Estonia (Statistikaamet) reported. Compared to April, the export price index increased by 0.4%. The prices of electricity, chemical products and beverages increased the most, while the prices of parts and accessories for motor vehicles, textile products…
Realization of 5,954 projects creating more than 120,000 workplaces started under the 2020-2021 Employment Roadmap program, the Labor and Social Protection Ministry’s press service informed. The local executive bodies selected 6,506 projects for realization. Infrastructure projects are to be implemented in four directions: major and minor repairs, reconstruction and construction of sociocultural facilities, housing and…
Ukraine should reduce industrial pollution by 22% until 2025, the newly appointed minister for environmental protection and natural resources, Roman Abramovsky, has said. “We have to prepare and are ready to submit a draft law on the control and reduction of industrial pollution. This is the implementation of the EU’s Industrial Emissions Directive. Industrial pollution…
The business environment in Latvia when compared to its neighboring countries is not bad, but there is room for improvement, Foreign Investors Council in Latvia (FICIL) board member and PricewaterhouseCoopers board chairperson Zlata Elksnina-Zascirinska has declared. “If we compare with neightboring countries, Latvia’s business environment is not bad,” said Elksnina-Zascirinska. At the same time, she…
The Dwelling Price Index, which reflected changes in property prices in Estonia, rose by 11.5% YoY to the first quarter of 2020, the highest rise in five-and-a-half years, Statistics Estonia reported. Apartment prices rose by 11.3% and house prices by 11.7%, over the same period, the agency reported, with the biggest increases coming in the…
Social Policy Minster Maryna Lazebna states that the average pension in Ukraine has increased to UAH 3,400. “According to the results of all these programs, the average pension income in the country has already increased to UAH 3,400,” she said at a briefing. In particular, 10.6 million pensioners and recipients of social benefits, who received…
When compared to May 2019, consumer prices in Latvia declined by 0.9%, putting the country among 14 European Union member states where deflation was found in this period of time, according to information published by Eurostat. Identical deflation to Latvia’s was observed in Spain. Deflation was higher in Estonia (-1.8%), Luxembourg (-1.6%), as well as…