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.
Tag: people
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.
2021-12-18
Export and Lithuania: EU is the CAB surplus
Last October the CAB surplus went up to €349.0 million. The primary income balance turned to surplus due to agricultural subsidies from the EU.
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.
2021-11-06
Lithuania: the road to the energy revolution is still long
Vilnius has achieved considerable results in energy supply from renewables, recycling and composting. However, emissions have increased by 50% since 2005.
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.
2021-10-16
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.
2021-10-09
How populism throws the stone but hides its hand
The ruling of the Constitutional Tribunal introduces aspects of a legal Polexit, harming the judicial cooperation between Polish and European courts.