
No energy no party: inflation and taxes are best friends
In Estonia, inflation for food and services is pushed higher by taxes, while production has become more expensive at the expense of competitiveness.
In Estonia, inflation for food and services is pushed higher by taxes, while production has become more expensive at the expense of competitiveness.
Poland recorded a current account deficit of €168 million with the difference in import and export dynamics widening further.
In Q3 2024, Latvia’s exports rose slightly YoY, with services leading. FDI hit 327M euros. Imports fell, especially in mineral products.
Lithuania’s economy rebounds with 2.4% GDP growth in 2025, driven by exports, private consumption, and investments.
The partnership between Latvia and South Korea highlights the potential to drive innovation and economic growth.
Poland forecasts economic growth amounting to 2.7%, poor development in the current account, and upward pressure on core price increases.
PurpleGreen and SET signed the sale of 550k tonnes of green ammonia per year for 20 years, promoting Latvia’s economic development.
PAIH’s mission to Central America helped Poland’s prospects for business and cooperation in strategic sectors in Mexico and Guatemala.
Lithuania is expected to grow by 2.2%, where ICT alone has been outpacing the entire economy. Beware the sluggish exports.
Estonia’s services export continues to grow moderately, but manufacturing is still in quite a precarious position.