According to Statistics Estonia, the gross domestic product (GDP) of Estonia grew by 4.2% in the third quarter of 2018 compared to the same period of the previous year, with quarterly growth reaching EUR 6.5 billion at current prices. The seasonally and working day-adjusted GDP increased by 0.4% QoQ. However, compared to the third quarter…
According to Statistics Estonia, in the third quarter the average monthly gross wages and salaries of enterprises, institutions and organizations was EUR 1,291, up by 7.5% YoY. The growth in average monthly gross wages and salaries was 1.1% faster than in the previous quarter. The average monthly gross wages and salaries stood at EUR 1,296…
In 2018 the share of payments through POS terminals in Azerbaijan accounted for 3-4% of the country’s GDP (65.2 billion manats in January-October), Erdem Cakar, MasterCard country manager in Azerbaijan, said at a press conference on November 29. He said the figure was 40% in Turkey, 50% in the UK and 70% in Sweden. In…
The volume of foreign direct investment in the Ukrainian economy (non-residents’ equity capital) in January-September increased by $367.2 billion, or by 1.2% YoY, to $31.974 billion as of October 1. Over the period under review $1.71 billion in new investment was received, while $491.5 million was dropped. The negative revaluation stood at $851.7 million, according…
Foreign investments in the amount of $12.3 billion were attracted to the economy of Kazakhstan in the first half of 2018, This is 15.4% more than a year earlier ($10.6 billion). Interestingly, 92.4% of all investment flows to Kazakhstan in the six months accounted for only 10 countries. The absolute leader in investing to the…
In October the overall state and government-guaranteed debt of Ukraine decreased by almost 0.5% MoM, the Finance Ministry’s press service reports. As of October 31 the overall state and government-guaranteed debt of Ukraine totaled $74.32 billion, down by $0.35 billion. According to the ministry, the state and government-guaranteed debt in hryvnia equivalent over the reporting…
Compared to September, level of producer prices in Latvian industry rose by 0.1% in October. Prices of products sold on the domestic market fell by 0.5%, while prices of exported products went up by 0.7%. Prices of products exported to Eurozone countries grew by 0.3% and prices of products exported to non-Eurozone by 0.9%, according…