Annual inflation in Poland stood at 3.9% in January, decelerating sharply from 6.2% in December 2023, preliminary data from Statistics Poland (GUS), a state agency, showed. It was the lowest figure Poland had seen in almost three years, during which time inflation reached a peak of 18.4% in February last year. The slowdown in inflation…
The Ministry of Economy of Ukraine and the World Bank are working to mobilise $500 million to finance projects to support Ukrainian businesses in 2024. This issue was discussed during a meeting between the team of the Ministry of Economy of Ukraine and the World Bank mission headed by Arup Banerji, the World Bank Regional…
Ukraine’s trade turnover in January was $8.5 billion, up by 7% YoY, the State Customs Service reported. “In January, Ukraine imported goods worth $5.1 billion and exported $3.4 billion. At the same time, taxed imports amounted to $4.5 billion, which was 90% of the total volume of imported goods,” the statement said. Most of the…
The National Statistical Institute (NSI) has unveiled the latest inflation data for January, shedding light on notable shifts in consumer prices across various sectors. According to preliminary NSI figures, January saw a monthly inflation rate of 0.5%, with annual inflation reaching 3.8%. The data provide crucial insights into the economic landscape, indicating trends in price…
In 2023, the annual inflation rate continued the downward trend of late 2022, and in the last quarter it entered the target range. Thus, the annual inflation rate decreased from 8.6% in September 2023 to 4.2% in December 2023. The information was included in the inflation report, presented by Governor of the National Bank of…
According to the express estimates of the National Statistical Institute, during the fourth quarter of 2023, the gross domestic product (GDP) increased by 1.6% YoY and by 0.5% QoQ, based on seasonally adjusted data. According to this information, the GDP in the last four months of 2023 increased by 1.6% YoY, while gross value added…
Poland discussed the possibility of attracting investments and advanced technologies in Uzbekistan’s mining, textile and pharmaceutical industries. This was discussed at a meeting between representatives of Uzbekistan’s Embassy and the State Secretary of Poland’s Ministry of Development and Technology, Jacek Tomczak. During the meeting, the parties discussed matters related to the development of trade, economics…