2022-01-08
Polish focus is on wages and demand, not production
The risk of wage-price spirals is increasing in front of labour shortages, commodity prices, and the tax changes introduced in the new “Polish Deal”.
Tag: job
2022-01-01
How to stop the wage-price spiral killing production?
Estonia showed one of the fastest recoveries from the crisis with an economic growth of 8%. However, a slow down is now expected.
2021-12-25
Productivity and competitiveness overcome any narrative on “transitory” factors
GDP growth projections for 2021-22 have been revised downwards, hit by shortages of materials, equipment, labour and rising energy costs.
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.
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.
2021-11-13
NBP throws water on the fire of prices and populism
The Polish economy continues to grow, driven by two engines: industry and services. Next year, demand and wage pressure will be the key drivers of inflation.
2021-10-30
Estonia: now it’s time to reconvert the workforce
Many unemployed have a background in sectors affected by the pandemic: the skills of job seekers often do not correspond to the new needs.
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.
2021-09-11
The New Lithuanian Generation ignites a high-added-value future
New Generation Lithuania lays the foundations for high added value, digitalization, green course, better education, health and social services.