Compared to November 2018, industrial production output fell by 0.2% in November 2019. That was affected by output drop in manufacturing by 0.8% and in mining and quarrying by 16.9%, while in electricity and gas supply there was an increase of 3.9%. Output drop was registered in more than a half of manufacturing sectors, with…
In December 2019 prices in Georgia increased by 0.4%, while the annual inflation rate amounted to 7%, showed the latest inflation data from the National Statistics Office of Georgia (Geostat). Prices for food and non-alcoholic beverages in Georgia increased by 1.4% MoM, contributing 0.44% of the overall monthly inflation. In particular monthly prices increased in…
The minimum wage in Ukraine has increased by UAH 550 from January 1, to UAH 4,723, according to the country’s state budget for 2020. The living wage per person per month was set at UAH 2,027 from January 1, at UAH 2,118 from July 1 and at UAH 2,189 from December 1. The living wage…
The unemployment level decline in Latvia will become slower or even stop this year, according to bank analysts. Swedbank senior economist Agnese Buceniece says under slower economic growth demand for laborers will gradually calm down. The first signals for this came up from business surveys. “Although labor force shortage remains a significant force behind wage…
Kazakhstan has come to an arrangement with the Russian oil transport company Transneft on oil deliveries to Belarus, Ambassador Extraordinary and Plenipotentiary of Kazakhstan to Belarus Askar Beisenbayev declared during a press conference held on December 26 on the occasion of Kazakhstan Independence Day. The diplomat said: “There is an agreement that once all the…
Bishkek’s revenues will amount to 10,098,148 billion soms in 2020, draft capital’s budget says. It is planned to be approved at a session of the Bishkek City Council. The revenue side will reportedly grow by 1,559,525.5 billion soms. In 2020 it is planned to collect taxes for 8,195,983 billion soms, up by 676,753,000 soms YoY.…
The Ukrainian Finance Ministry attracted UAH 5.3 billion to the state budget as a result of the sale of government domestic loan bonds on December 24, the Finance Ministry’s press service reported. “As a result of the scheduled placement of government domestic loan bonds, the state budget was replenished with UAH 5,295,757,903.17 (at the exchange…