According to information released by Statistics Estonia on September 20, in August the producer price index (PPI) of industrial output increased by 1% MoM and by 3.4% YoY. In August, compared to the previous month, the PPI was affected more than average by an increase in prices in the manufacture of electronic equipment, in electricity,…
The growth of Ukraine’s GDP in the second quarter of 2018 to 3.8% compared to the same period last year may become a prerequisite for average wage increase up to UAH 10,000 before the end of the year. “In the second quarter we had preliminary data on the GDP growth up to 3.6%. The adjusted…
The Export Credit Agency (ECA) may start working in the fourth quarter of 2018 if its funding is increased by UAH 80 million. “We need UAH 80 million more to take legal and organizational measures needed to launch the agency. For the last six months we have been insisting on the stipulation of the indicated…
Ukraine has attracted powerful investments in the field of renewable energy, agrarian sector and retail trade in recent weeks. “Over the past weeks, Ukraine has attracted large investments in the economy: in the renewable energy sector from Norwegian investors, in the agricultural sector from a Saudi Arabia company, and into retail trade from Swedish brands…
The Lithuanian Finance Ministry has revised upwards its forecasts for the country’s GDP growth this year and next year. The ministry expects the economy to expand by 3.4% in 2018, by 2.9% in 2019 and by 2.5% in 2020. The forecasts are up from the ministry’s estimates of 3.2%, 2.8% and 2.5%, respectively, published in…
The Central Bank of Azerbaijan (CBA) sees the potential for further reduction of the discount rate, Chairman of the CBA Elman Rustamov declared. Rustamov said the monetary regulator (CBA) this year had done much in this direction. “Nevertheless, external risks have recently intensified, in particular, those related to volatility of the national currencies in a…
More than 3.3 million shipments weighing over 275,000 kilograms were processed in the transit center of Azerpost LLC and sent to 15 countries in the first seven months of 2018, Ministry of Transport, Communications and High Technologies reported. The postal operator delivered them to the U.S., Germany, Austria, Belarus, Great Britain, Czech Republic, France, Iran,…