Uncertainty is the key factor in Estonia’s GDP forecast, which is built on the back of the 2022 downturn: energy and consumer prices, purchasing power, and business confidence.
The Polish industrial production fell 1.2% YoY, with GDP growth down to 1% in Q1. Wages continue to feed inflation, putting pressure on real disposable incomes.
In front of the highly remote target set on 2050, the atom is a key technology to achieve climate goals and carbon neutrality.
Latvia is not only one of the world’s most significant investment and real estate forums but also a cleantech hub in sustainable technologies.
While the global economic situation is deteriorating, the focus should be reversed on GDP growth and net exports, targeting core inflation.
The EU ban on Russian oil products leads to a major shift: China secures a long-term supply and sells refined products globally at higher margins.
While analysts predict disinflation, Poland faces increasing energy prices for households linked to higher indirect tax rates. And food prices continue to rise.
In Estonia, consumers have not been able to keep pace with inflation in recent months, and retail sales volumes have started to fall.
Ze Pak and Korea Hydro & Nuclear Power will assess the feasibility of building four 1,400-megawatt nuclear reactors in central Poland, using South Korean technology.
Lithuania’s economy keeps growing (1.3% in 2023). But the stabilization is fragile, and the balance of risks is negative. The global outlook is worsening.