According to the information released by Statistics Estonia, the consumer price index (CPI) in June was up by 0.9% MoM and by 4% YoY. Compared to June 2017 goods were 4.1% and services 3.9% more expensive last month. Regulated prices of goods and services rose by 11.2% and non-regulated prices by 2.1% YoY. Compared to…
Experts say the ongoing labor migration Ukraine is seeing now may impede the country’s economic recovery, which was observed in the first half of 2018. “The only positive example in the Ukrainian realities is what the IT sector has done. Firstly, the introduction of taxation at 5% of the amount of income means the development…
Revenues of local budgets in January-June grew by 23.8% YoY, or by UAH 20.741 billion, to UAH 107.704 billion. Over the said period, the government has carried out interbudgetary transfers to local budgets worth UAH 169.808 billion, which is 95.3% of the allotted appropriations, as reported on the website of the Ministry of Finance of…
The state budget of Ukraine in January-June received UAH 449.056 billion ($17.07 billion) in revenue, down by UAH 14.128 billion ($536 million), or by 3.1% from the target for the said period. Compared with the same period in 2017, the state budget revenues in the first half of 2018 increased by UAH 54.150 billion ($2.06…
In 2017 exports of Ukrainian goods to Canada grew by 74.4% (or $21.5 million) and amounted to $50.4 million, the press service of the Economic Development and Trade Ministry wrote on Twitter. “Soon it will be two years since the Canada-Ukraine Free Trade Agreement was signed. In 2017 exports of Ukrainian goods to Canada rose…
The Lithuanian government backed the government’s proposal to raise excise tax rates for cigarettes and other tobacco products, including liquids used in e-cigarettes, and to subject nicotine free e-liquids to an excise duty starting next March. The Seimas approved the government’s three-year plan for increasing the excise duties by 6-14% in a vote of 100…
The living wage in Ukraine grew by UAH 77, to UAH 1,777 from July 1. This is envisaged in the Law of Ukraine on National Budget for 2018. “Set the living wage from January 1 at UAH 1,700 per person per month, from July 1 – at UAH 1,777, and from December 1 – at…