In January, the average wage rose in Poland by 12.8% YoY, to 7,768 zloty (EUR 1,797) before taxes, faster than expected, data from Statistics Poland (GUS), a state agency, showed. According to analysts, who had expected a rise of around 11%, wage growth was mainly supported by a record increase in the minimum wage that…
Prime Minister Denys Shmyhal discussed the implementation of agreements between Ukraine and Japan with representatives of Japanese businesses. The Prime Minister said this in a post on Facebook. According to Shmyhal, Ukraine and Japan are beginning a new chapter in their relationship. This was demonstrated by the outcomes of the Conference for Promotion of Economic…
Prime Minister Dorin Recean has provided details on the delivery of diesel from Romania, meant for the agricultural producers from Moldova. “The state does not have storage capacities. And it is not about the bringing of a cup of diesel; I apologize for analogies. The idea is that we have 4,000 tons; this is very…
At the end of 2023, household expenses increased by 19.1%, with the majority spent on food – approximately one-third of all expenditures. This is indicated by the data from the National Statistical Institute (NSI). In the third quarter of 2023, the average total income of households was 2,874 BGN, increasing by 22.5% compared to the…
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…