FM: Retail sales in Latvia are growing faster than in the EU as a whole – Sectors – Financenet
Data from the Central Statistical Bureau show that in September of this year, a strong growth was registered in Latvian retail trade compared to the corresponding month of the previous year. Total retail sales at constant prices increased by 5.9%, which was among the fastest growth rates of the industry recorded this year. “Thus, retail […]
Luminor: It will be difficult to achieve improvements in exports – Financenet
“The fact that sales of goods in stores decreased by only 0.6% year-on-year in May is good news. Food sales even increased, which is due to the fact that at that time, it is very likely that more people stayed in Latvia than usual this month, and “The result of May would seem a very […]
Luminor: It will be difficult to achieve improvements in exports – Financenet
“The fact that sales of goods in stores decreased by only 0.6% year-on-year in May is good news. Food sales even increased, which is due to the fact that at that time, it is very likely that more people stayed in Latvia than usual this month, and “The result of May would seem a very […]
Putin predicted inflation of about 4% :: Politics :: RBC
Vladimir Putin (Photo: kremlin.ru) With minimal losses, the Russian economy will overcome the crisis that has arisen due to the coronavirus pandemic, and inflation will reach about 4% in the near future. About it declared President Vladimir Putin in an interview with Moscow. Kremlin. Putin “on the channel” Russia 1 “. “Now the year was […]
Gref predicted a sharp appreciation of the ruble by the end of the year :: Economy :: RBC
The head of Sberbank proceeds from the assumption that a barrel of oil will rise in price to $ 60, and the dollar will fall in price to about 60 rubles. But the second wave of coronavirus can affect the situation BRENT BR-7.20 $40,7 +0,52% Photo: Stoyan Vasev / TASS Head of Sberbank German Gref […]
IEA predicted the largest gas market drop in history in 2020 :: Economics :: RBC
World gas consumption in 2020 will decrease by a record for the entire history of this industry – 150 billion cubic meters. m or 4%. According to IEA experts, the coronavirus pandemic hit the already weakened market due to the warm winter Photo: Sean Gallup / Getty Images By the end of 2020, global gas […]
WP reported record debt in the US due to the coronavirus epidemic :: Economy :: RBC
Due to the debt burden, business in the United States is faced with a choice: lay off employees or skip loan payments. According to WP, millions of American citizens are already faced with the requirement of banks to repay student loans and card debts. The distribution of coronavirus Covid-19 in the world Number of confirmed […]
Oil prices fell after Novak’s decision to leave the OPEC + meeting :: Economy :: RBC
Russia proposed not to go for an additional reduction in oil production. Moscow favors extending current terms of OPEC + deal Photo: Andrey Rudakov / Bloomberg Oil prices reacted lower due to reports from Vienna, where Russian Energy Minister Alexander Novak left the OPEC + Monitoring Committee meeting, reports Bloomberg. According to Investing.com throughout the […]
Mishustin instructed to take into account the effect of coronavirus in budgeting :: Economy :: RBC
The budget for the next three years should be made up taking into account not only the previous risks, but also the effect that the spread of coronavirus will have on the world economy, the prime minister said. Mikhail Mishustin (Photo: Dmitry Astakhov / RIA Novosti) It is necessary to develop budget parameters for 2021-2023 […]
S&P announced that it expects Russian GDP to grow to 1.8% in 2020 :: Economy :: RBC
The international rating agency S&P expects that GDP growth in Russia in 2020 will increase to 1.8%. This is stated in the press release of the agency, received by RBC. The reasons for such expectations in the S & P called the softening of monetary and budgetary policies, as well as the effect of a […]