Economic situation

                

 

In the second quarter, a moderate decline in the number of employed was observed

In the 2nd quarter of 2020, the number of employed decreased by 13.5 thousand or 1.5%. Meanwhile the number of jobseekers increased by 22 thousand, compared to the corresponding period last year. 

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August 2020

In April 2020, the value of exports declined by 13.9% due to the Covid-19 pandemic

In April 2020, the value of exports of goods at current prices decreased by 13.9% annually. However, a more significant decline of 27.4% was observed for imports of goods. Therefore, the trade deficit has also decreased on an annual basis.

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June 2020

Atypical consumer price changes in July 2020

According to the Central Statistical Bureau (CSB), in July 2020, compared to June, the consumer price level increased by 0.2%. The consumer price level for goods and services increased by 0.1% and 0.5%, respectively.

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June 2020

Manufacturing output fell by 4.1% in August 2020

In August 2020, according to the Central Statistical Bureau (CSB), manufacturing output (by unadjusted data) was 4.1% lower than a year ago. However, based on calendar adjusted data, manufacturing output declined by 1.5%.

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June 2020

 

Last update:    05-10-2020