Asian Development Bank (ADB) forecasts Kazakhstan’s economic growth to slowdown in 2019 and 2020, reflecting lower oil prices and reduced growth in China and Russia. “Aside from oil revenues, public investment is expected to become a key source of economic growth in the coming years,” reads the latest ADB outlook. The bank expects the growth…
Ukrainians more actively used smartphones to pay bills and handle other financial transactions in the past year: the number of payments with mobile apps grew by 50%. PrivatBank’s press service reported that the number of transactions via the Privat24 mobile app increased from 8.9 million in March 2018 and to more than 15.8 million in…
The income of the population in Ukraine grew by 9.9% YoY in 2018, to UAH 3.219 trillion ($119.24 billion). “Disposable income per person amounted to UAH 57,908.6 ($2,144),” the State Statistics Service said. As for the income structure, 47.4% was salary (45.6% in 2017), 17.6% – profit and mixed income (18%), 2.6% – income from…
Development of export is a key priority for Ukraine as it generates about 50% of GDP. “Export generates about 50% of GDP, and its development is a key priority for Ukraine. For several years we have been managing to conclude three free trade agreements (with the EU, Canada, and Israel); to re-focus the exports in…
Georgia’s economy is growing steadily, show the latest data from the National Statistics Office of Georgia (Geostat). The estimated real gross domestic product (GDP) growth rate in February equaled 4.6%, while in January-February it was 4.1% YoY. Last month the estimated real growth, compared to the same period of the previous year, was posted in…
According to Statistics Estonia, the turnover of retail trade enterprises increased by 5% at constant prices in February compared to the same month last year, reaching EUR 527.5 million. The turnover of shops selling manufactured goods increased by 6%. The greatest increase was reported for shops selling textiles, clothing and footwear, with sales increasing by…
In February the production output of industrial enterprises increased by 4% YoY. While production increased in the manufacturing and mining sectors, it decreased in the energy sector, Statistics Estonia reported. The total manufacturing production in February was 7% higher than in the corresponding month of 2018. Over a half of the branches of industry exceeded…