Fitch Ratings, an international rating agency, has noted improvement in the macroeconomic conditions in Azerbaijan, the agency said in a message. The message reads that in January-September the economy of Azerbaijan grew by 0.8% YoY, while the growth rate of non-oil GDP was 1%. Inflation fell sharply from 12.9% at the end of 2017 to…
According to information released by Statistics Estonia on November 20, last month the producer price index (PPI) of industrial output increased by 0.3% MoM and by 2.8% YoY. Compared to the previous month, the PPI in October was affected more than average by a price increase in the manufacture of electronic equipment and in mining…
Uzbekistan has significantly increased its trade turnover with the countries of the Central Asian Regional Economic Cooperation (CAREC) in the first three quarters of 2018, Foreign Trade Minister Jamshid Khojayev declared. “It is good to see that trade with CAREC member countries is growing at an accelerated pace. In the three quarters of this year,…
Economist Viktor Skarshevsky forecasts the forex rate of Ukraine’s national currency, the hryvnia, against the U.S. dollar at UAH 30 by late December 2018. “In November-December of 2016 and 2017 the hryvnia devalued by 5%. Let’s extrapolate from this trend, and we will get the forex rate at around UAH 29.5-30 by the end of…
Georgia is increasing its role as an important trade partner for the European Union (EU), the Commonwealth of Independent States (CIS) and other countries. In January-October trade turnover with EU countries increased by 18.6% (amounting to $2.76 billion) and with CIS countries by 27.4% YoY, to $3.51 billion, says the National Statistics Office of Georgia…
Prime Minister Volodymyr Groysman says that Ukraine’s economy has been growing for 11 quarters in a row, but the government still needs external support so that to pay off its foreign debt, the government portal reports. “The economy has been growing for 11 quarters in a row, which means the recovery has begun. In general,…
920.1 thousand people or 65.3% of Latvia population aged 15-74 were employed in Q3. Over the year, employment rate grew by 1.7% and number of employed persons by 17.2 thousand. Compared to the previous quarter, employment rate grew by 0.9% and number of employed persons by 10.5 thousand. Nevertheless, since Q4 2012 Latvian employment rate…