Compared to June 2017 total retail trade turnover rose by 5.6% in June 2018. Turnover of retail trade in food products increased by 6.4%, turnover of retail trade in non-food products, except for retail sale of automotive fuel, rose by 5.1%, whereas turnover of retail sale of automotive fuel – by 4.8%. The most significant…
In June the highest level of average monthly salaries totaling UAH 9,774 was recorded in Donetsk region, according to the Economic Development and Trade Ministry. “The average nominal wage in Ukraine in June made up UAH 9,141, up 2.5-fold from the minimum wage and by 24.2% YoY,” reads the report. Among the most highly paid…
The economic growth of Tajikistan in January-June accelerated to 7.2% compared to 6% in the same period of 2017, chairman of the Tajik National Bank Jamshed Nurmahmadzoda said. In nominal terms Tajikistan’s GDP in January-June amounted to 27.7 billion somoni (over $3.02 billion), according to Reuters. Inflation in the consumer sector slowed to 0.9% in…
The Russian rating agency ACRA is forecasting the growth of Azerbaijan’s economy in 2018 at 1.5% with further acceleration of GDP growth to 3.2% in 2022, the agency’s report for Azerbaijan says. The agency noted that after the economic recession in 2016 and nominal growth of 0.1% in 2017, the economy of Azerbaijan began to…
The payment of pensions in July has been delayed due to a deficiency in cash receipts of a single social contribution, the Pension Fund of Ukraine posted on its website. “Following numerous requests about the delay in pension payments in July, the Pension Fund informs that changes in the payment schedule are due to a…
Net sales of cash foreign currency by Ukrainians through the banking system amounted to $268.7 million in June. In June the banks sold $947.8 billion in cash currency and bought $679.1 million, according to the National Bank of Ukraine (NBU) website. In January-June Ukrainians sold $1.235 billion more in foreign currency than they bought. (UNIAN/Business…
The National Bank of Ukraine (NBU) has estimated GDP growth in Ukraine in the second quarter of 2018 at 3.2% YoY. “According to the NBU estimates, the pace of real GDP growth remained practically unchanged in the second quarter, that is 3.2% (3.1% in Q1), and domestic demand was the main driver of the real…