Prices for consumer goods and tariffs for services in Azerbaijan increased by 0.2% MoM in August, the country’s State Statistics Committee reported. Prices for foodstuff increased by 0.3%, while the prices for non-food goods – by 0.1%. The cost of paid services increased by 0.2%. In January-August prices for consumer goods and tariffs for services…
Industrial production in Estonia in July fell by 3.1% compared to June, but rose by 4.7% compared to July of last year, according to data published by Eurostat. Industrial production in the Eurozone rose by 0.1% MoM in July, but fell by 0.3% in the EU. Meanwhile, July production increased by 3.2% YoY in the…
The public sector accounted for 11.1% of Ukraine’s economy in 2016, while in the first quarter of 2017 (Q1 2017) its share was at 16.3%, according to the website of the Ministry of Economic Development and Trade. In terms of economic activities, the state share in agriculture, forestry, and fisheries was at 4% in 2016…
The Estonian government at the September 12 Cabinet meeting began 2018 budget negotiations. For the first time in Estonian history, the state budget will exceed the EUR 10 billion mark, meaning an increase of at least 3.6%. During budget negotiations at the Cabinet meeting, members of the government received an overview of the fresh economic…
After the introduction of the tax reform, tax accounting will become more complex. And this is not because it will take several years for businesses, private persons and tax inspectors to get used to the system. The new laws in general are not meant to make things simpler, says Latvian Tax Consultant Association board member…
Belarus’ key lending rate was reduced to 11.5% per annum on September 13. The interest rate on standing and bilateral operations designed to keep up the current liquidity of Belarusian banks was reduced from 14% to 13% per annum. It is the seventh time Belarus’ central bank has reduced its refinancing rate this year. The…
Since the beginning of the year, Kyrgyzstan’s state debt has grown by $221.26 million, the Ministry of Finance reported. As of July 31 the state debt amounted to $4,286 billion, or 294,238 billion soms. At least $3,897.27 billion of the sum is external debt, and $388.80 million – internal debt. Only for a month, the…