Latvia’s industrial production output rose by 10.1% y/y in May, according to calendar adjusted data at constant prices, the country’s Central Statistical Bureau (CSB) announced on July 5.
Capital Economics analysts point to evidence of growing price pressures in eastern EU members.
EBRD says recovery from the coronacrisis is progressing faster than expected, but many emerging Europe economies won’t return to 2019 levels of GDP until 2022.
10lines targets a multi-billion dollar market largely untouched by innovation.
Romania’s GDP per capita increased to 72% of the European Union’s average last year, after rising by 20 percentage points over the past decade.