Compared to the first half of 2016, in the second half the average purchase prices of round timber kept declining, moreover, price drop has been recorded for the three recent years. Within the coniferous tree sector, the greatest reduction was observed in purchase prices of pine sawlogs in diameter under 14 cm, within deciduous tree…
Consumer prices in Latvia may have grown by 2.9-3.3% YoY in March, bank analysts predict. Swedbank economist Linda Vildava notes that consumer prices in March may have grown by approximately 0.4% MoM. This means that prices have grown by 2.9% since March 2016. “The largest positive contribution to monthly changes will likely come from price…
Ashgabat hosted a meeting of the Turkmenistan-South Korea intergovernmental commission on commercial, economic, scientific and technological cooperation, said the Turkmen Foreign Ministry in a message. The Turkmen side was headed by Deputy Prime Minister Maksat Babayev, the South Korean side – by Minister of Trade, Industry and Energy Joo Hyunghwan. The meeting’s agenda included the…
For a long time central banks have been realizing a money policy as a result of which loan interest rates in many developed countries have been very high. Businesses and households benefit the most from such conditions, as their loans for investments and consumption have become cheaper. Governments of different countries benefit from it the…
In March Belarus’ gold and foreign currency reserves went down by $6.2 million (by 0.1%), if calculated in accordance with methods of the International Monetary Fund, to total $5,016.1 billion as of April 1, the Information and PR Department of the National Bank of the Republic of Belarus reported. In March the country’s gold and…
According to the Swedbank Economic Outlook released on April 6, the bank has left the 2017 GDP growth forecast for Estonia at 2.2%, while unemployment is expected to increase to 7.6% this year. According to the bank’s forecast, Estonia’s GDP is expected to grow by 2.2% this year and by 2.8% next year. Household consumption…
Prime Minister of Ukraine Volodymyr Groysman says that the Cabinet of Ministers is trying to promote the creation of private small farms, which will ensure economic growth and will stimulate the development of Ukraine. “We want to offer the following: to lift a land moratorium so that only Ukrainian citizens can buy and sell agriculture…