2023-07-29
Hope dies last: core inflation is more persistent than ever
Latvia’s inflation projections are revised downwards. But the wage-price spiral is not taken into consideration: in Q1 wages already edged up by 12%.
Tag: growth
2023-07-25
Poland and Korea partner over tech, energy, and infrastructure
In 2022, the turnover of trade between Warsaw and Seoul amounted to USD 9 bn. The value of Korean exports reached USD 7.90 bn (+19%).
2023-07-15
Investment attraction is crucial to bounce back economic growth
In a context of a technical recession and stuck employment, Lithuania still stands out in fintech and automotive to bounce back economic growth.
2023-07-08
The real slump to beware it’s the money value
The purchasing power of wages has not yet returned to where it was, their paid-out exceeded 10% throughout the first five months of the year.
2023-07-01
Risks grow in line with wages and expansionary fiscal policy
In Poland real interests are negative, and core inflation is still at the highest levels. Industrial output (-3.2%), construction (-0.7%), and retail sales (-6.8%) are all falling.
2023-06-27
Lithuania among the stars: new technology centre and ESA funding
Applications from Lithuania’s institutions receive €1 million in funding, and the space sector will grow to 1% of GDP by 2027.
2023-06-24
Despite rosy optimism, uncertainty is the queen
Pressure on current expenditures in social, healthcare, and defence will only mount over time. Business expectations are indeed pessimistic.
2023-06-20
The more inflation, the less competitiveness
The tight labour market increases the risk that inflation will remain higher and growth lower, and the rising borrowing costs will weigh on investment outlooks.
2023-06-17
Public money only makes inflation more persistent
Despite Poland’s core inflation picture being the least favourable in the region, the government released a plan to increase permanent spending.
2023-06-06
Latvia in a mission to promote export and attract R&D
Riga rebranded its national strategy aiming to increase the amount of attracted investments to 2.45 billion euro over the next three years.