2022-11-05
Heads-up: wages on the rise despite slumpy economic growth
Despite the strong scores in the regulatory and legal frameworks, Estonia has more people unemployed than before the pandemic.
Tag: people
2022-10-25
Poland vs EU: more cohesion billions to fund the row
In addition to the pandemic recovery funds, the prospect of withholding Poland’s slice of the EU’s budget pie has sparked uproar in Warsaw.
2022-09-24
When will the energy shock blow-up the inflationary everything-bubble?
Despite retail sales in Poland rising by 4.2% YoY in August, with the inflationary everything-bubble prospects for upcoming quarters are deteriorating.
2022-09-17
No free-market allocation? It’s SMEs who must pump-up prices
In Latvia, the average remuneration has risen by 8.3% YoY, but this rate is insufficient to offset the price surge (+16.4%). Free-market allocation is much needed.
2022-09-03
No belief in air balloons heading down anytime soon
Despite a slight increase in interest rates, the amount granted by credit institutions to Lithuanian residents increased by €306.0 million.
2022-08-27
Is the calm-before-the-winter-storm in front of the labor market?
Polish industrial production grew by 7.6% YoY, thus decelerating rapidly in recent months. The economy and the labor market must adjust to a new energy shock.
2022-08-06
Recession to cure inflation? Now stagflation is knocking
In Estonia, inflation over the year has reached 22.8%. Meanwhile, growth in retail sales and industrial output has slowed down.
2022-07-30
Lithuania: CAB deficit down, the balance of services grows
The deficit on the CAB shrank 4.5 times, thanks to a dramatic plunge in the foreign trade and the increasing surplus on the balance of services.
2022-07-16
No monetary pumping, no inflation nor wealth erosion
In Estonia, consumer prices rose 21.9% in June over the year, whereas the share of energy in the consumer basket is higher only in Latvia.
2022-07-09
Private savings, not monetary pumping, will boost economic growth
In Latvia, inflation was on the rise in June (+19.3% YoY). Businesses transferred the cost increase to the prices and made consumers pay for it.