The number of new cars in Poland increased

Cracow, Poland (Nina G, CC BY-ND)

Russia bans imports from Ukraine

Latvians should be paid more in 2019

Poland

According to the European Automobile Manufacturers Association the average car in Poland is 13 years old. In a report released by the Association Poland is 17th out of 25th. Nevertheless, there are more and more new cars in Poland.

The Polish Radio informs, after Puls Biznesu daily, that in 2018 almost half a million new cars were registered. It’s up 11 per cent y/y. “One in six cars registered in Poland in 2018 was new, but only 28 per cent of new cars were bought by private customers, while most were purchased by companies operating in the country,” the Polish Radio wrote.

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Ukraine and Russia

On December 29th Russian government issued a resolution banning imports of industrial goods, agricultural products, raw material and food from Ukraine. “The import of sanctioned goods from Ukraine to Russia will in 2018 be worth around USD510m by preliminary estimates,” the Interfax writes.

The Russian government’s decision is the response to Ukraine’s anti-Russian sanctions. Moscow informed that the special measures would be cancelled if Kyiv cancels the measures introduced by Ukrainian government first. The Interfax points out that in 2017 merchandise imports by Russia from Ukraine totaled USD4.912bn.

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Latvia

An average gross wage in Latvia could exceed EUR1,070 in 2019 — the Baltic Course informs. The portal quotes experts from Swedbank and from Luminor, who claim that the average gross wage in the country may increase 7-8 per cent next year.

According to them, “wages will be growing the fastest in those industries where gross wages were below the average so far, for instance, in hospitality and public catering, where wages rose 11.6 per cent in Q3’18. Wages will also increase in agriculture and forestry.”

According to Latvia’s Central Statistical Bureau, in Q2’18 the gross monthly wage in Latvia was EUR1,004.

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What’s up in indexes

BET (of Bucharest) decreased from 7,461.56 index points Thursday, December 27th to 7,422.46 index points Friday, December 28th. It’s down 0.28 per cent d/d and down 3.88 per cent y/y.

BUX (of Budapest) increased from 39,007.00 index points Thursday, December 27th to 39,138.95 index points Friday, December 28th. It’s up 0.34 per cent d/d and down 0.10 per cent y/y.

CROBEX (of Zagreb) increased from 1,737.37 index points Thursday, December 27th to 1,748.81 index points Friday, December 28th.  It’s up 0.66 per cent d/d and down 2.79 per cent y/y.

OMXR (of Riga) decreased from 944.67 index points Thursday, December 27th to 929.02 index points Friday, December 28th. It’s down 1.66 per cent d/d and down 7.18 per cent y/y.

OMXT (of Tallinn) increased from 1,155.41 index points Thursday, December 27th to 1,162.86 index points Friday, December 28th. It’s up 0.64 per cent d/d and down 5.69 per cent y/y.

OMXV (of Vilnius) increased from 615.16 index points Thursday, December 27th to 616.90 index points Friday, December 28th. It’s up 0.28 per cent d/d and down 4.82 per cent y/y.

PX (of Prague) increased from 977.91 index points Thursday, December 27th to 896.56 index points Friday, December 28th. It’s up 0.88 per cent d/d and down 8.54 per cent y/y.

SAX (of Bratislava) closed at 332.37 index points Friday, December 28th. It’s the same result as Thursday’s. It’s up 2.07 per cent y/y.

SOFIX (of Sofia) increased from 589.00 index points Thursday, December 27th to 594.46 index points Friday, December 28th. It’s up 0.91 per cent d/d and down 12.01 per cent y/y.

UX (of Kyiv) closed at 1,705.04 index points Friday, December 28th. It’s the same result as Thursday’s. It’s up 25.09 per cent y/y.

WIG20 (of Warsaw) increased from 2,251.38 index points Thursday, December 27th to 2,276.63 index points Friday, December 28th. It’s up 1.12 per cent d/d and down 8.21 per cent y/y.

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