As of the end of October, the number of registered unemployed in Estonia stood at 29,626, accounting for 4.6% of the total workforce between the ages of 16 and retirement age. The rate of registered unemployment remained the highest in Ida-Viru County at 9.3% and Valga County at 8.5%. Unemployment was the lowest in Harju…
Belarus’ economic growth will make up about 1.7% in 2017, IMF mission chief for Belarus Peter Dohlman declared on November 9. “We suppose that the economic growth will reach about 1.7% in 2017 and will stay at about 2% in the midterm,” the IMF mission chief for Belarus said. Earlier, the IMF forecasted Belarus’ GDP…
The European Bank for Reconstruction and Development (EBRD) has revised upward the forecast for Belarus’ GDP growth to 1.5% in 2017, according to the Bank’s website. In 2018 the Belarusian economy will expand by 2%. The EBRD also revised Russia’s GDP forecast up to 1.8% in 2017. The bank also revised Russia’s GDP growth forecast…
The European Bank for Reconstruction and Development (EBRD) expects Azerbaijan’s economy to grow by 2% in 2018, according to an updated Regional Economic Prospects report published on November 7. The bank’s analysts noted that the start of gas production within the second stage of development of the Shah Deniz gas condensate field would support the…
Ukraine’s economic growth will exceed 3% next year, but the government’s task is to ensure at least 5-7% growth, Prime Minister Volodymyr Groysman has said. He stated this at a government meeting on November 8. “We met with trade unions, the Federation of Employers of Ukraine. We talked about problems and the ways of solving…
According to the information released by the Statistics Estonia on November 7, the consumer price index increased by 3.8% YoY, but decreased by 0.2% MoM, with changes affected the most by food prices. Compared to last October, goods were 4.8% and services 2% more expensive; regulated prices of goods and services rose by 6.6% and…
The National Bank of Kazakhstan notes a high probability of strengthening the tenge rate by the end of the year. According to the NBK Chairman Daniyar Akishev, currently, the foreign exchange market is stable. “The exchange rate fluctuates within the historically formed limits given the oil prices and exchange rates of trading partner countries. We…