Baltic States
Lithuanian inflation eases to 2.6% y/y in August
The slightly slower price growth appears in line with analysts’ prediction for a gradual easing of inflation towards the end of the year.
Latvian inflation accelerates to 3.2% y/y in August
Inflation has now persisted in y/y terms for 35 months straight, and all segments recorded annual price growth in August.
Estonian inflation picks up to 2.4% y/y in August
CPI expansion was driven by fast-growing prices in the food and non-alcoholic beverages segment, which contributed 40% of the overall increase.
Latvian industrial production contracts in July
The reading marks a return to falling output after two months of growth offered hope for more sustained performance of the Latvian industry after erratic 2018 and early 2019.
Estonian industrial production contracts 5.3% y/y in July
The decline follows a fall of 3.8% y/y the preceding month, pointing to a slowdown in economic growth in 2019.
Estonian GDP growth slows down to 3.6% y/y in Q2
The economic expansion in the second quarter arrived on the back of investment growing 24.6% y/y, 4.2pp above the annual rate of investment growth in the previous three months.
Latvian GDP growth slows down to 2% y/y in Q2
The slowdown is in line with forecasts of deceleration in 2019, as investment growth is set to weaken and trade conditions are deteriorating.
Lithuanian retail sales ease growth rate to 4.8% y/y in July
An improving labour market and growing incomes remain drivers of retail turnover in Lithuania.
Europe still has East-West divide in waste generation
Despite the recent consumer boom, all but one of the eastern EU members produces less waste than any western member, a new study from Eurostat shows.
Lithuania top ranked CEE economy on digital quality of life index
Lithuania performed especially well on cybersecurity, though it was only ranked in 23rd place overall on the index from Surfshark. In general, the CEE economies ranked were clustered around the middle of the index.
Estonian ride sharing company Bolt enters food delivery business
Uber-rival Bolt to launch initially in Tallinn but plans international expansion in 2019 and 2020 as it targets the already crowded food delivery market.