How grain supply weights on the global market prices
The viability of alternative export routes to the Ukrainian grain presents transportation and capacity costs for an already tight global wheat market.
The viability of alternative export routes to the Ukrainian grain presents transportation and capacity costs for an already tight global wheat market.
While most of consumers expect prices to stay high, Polish inflation is set to receive a boost with a 60% increase in child benefit payments (+0.8% GDP).
Poland and the Czech Republic account for 20% of the Ukrainian arms imports by volume. The increase in orders makes companies changing their production system.
New projects in Latvia create 1160 workplaces and reach 371.5M. Over the next ten years, 509.8M will target the electricity transmission system.
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%.
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%).
In a context of a technical recession and stuck employment, Lithuania still stands out in fintech and automotive to bounce back economic growth.
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.
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.
Applications from Lithuania’s institutions receive €1 million in funding, and the space sector will grow to 1% of GDP by 2027.