2021-12-11
Inflating consumer’s demand is not the antidote to the pandemic
In Latvia, real GDP has decelerated, hit by production and supply disruptions. The growth of purchasing power is uneven and exceeded by wages.
Tag: export
2021-12-04
Is budget to balance the key to enhancing real growth?
In Estonia, inflation of 7% in October was caused by a sharp rise in energy prices and blockages in the supply chain. Demand is driving an economic growth.
2021-11-27
Lithuania-China row: affordable loss or trade gamble?
Vilnius defended its right to expand cooperation with Taiwan, with huge potential for cooperation in semiconductors, lasers, and fintech.
2021-10-23
Inflation is here, but hope is hard to die
Latvia’s GDP growth estimates for 2021 have been revised upwards to 5.3%, as well as inflation which is expected to reach 5% by the end of the year.
2021-10-16
Export and Lithuania: trade deficit narrowed in August
The current account surplus of €168.5 million replaced the deficit recorded in July. The CAB surplus is the result of a surplus in the balance of services.
2021-10-02
Poland: inflation tax and axe (+7%) delivered to consumers
ING estimates strong price pressure due to the continued rise in fuel, food and energy. In August, PPI accelerated to 9.5% YoY.
2021-08-28
Latvian economic growth goes hand in hand with deficits and inflation
The Latvian central bank indicates an increase in GDP of 3.3% this year and 6.5% in 2022. Budget deficit and inflation forecasts are revised upwards.
2021-07-10
Poland: great opportunities from energy and automotive, inflation permitting
In the country, which became the fifth European economy with an average GDP of 4% in 2009-19, per capita income grew at a rate of 5.3%.
2021-07-03
Poland: core inflation down slightly, but supply doesn’t keep pace with demand
With consumer demand expected to rise, supply will struggle: businesses face rising commodities prices, lack of components and staff shortages.
2021-05-08
Poland: the recession is helped by private consumption, exports at +9%
While private consumption accounts for 58% of GDP, Warsaw’s economic performance depends less on exports than its regional partners.