Ford drives hike in car production in Romania
5 days ago
Montenegro's unemployment rate decreased to 16.1% in 2017 from 17.7% a year earlier, according to the 2017 Labour Force Survey (LFS) issued by the statistics office on April 2.
Montenegro has set the target of reducing the share of unemployed people to 16.6% by 2018. The government hopes that employment will strengthen thanks to stronger investment activity.
The share of long-term unemployed (over one year) of the total number of job seekers increased to 63.7% last year from 63% in 2016.
The number of economically inactive people, including discouraged workers and people not actively seeking employment, totalled 226,600 last year, down from 227,000 in 2016. Their share of the total working-age population slightly declined to 45.3% from 45.4% in 2016.
The employment rate went up to 45.9% last year from 44.8% in 2016.
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Data
Ford drives hike in car production in Romania
Romania’s automobile production increased by 7% y/y to more than 150,000 units in Q1.
Akbank launches spring syndicated loan renewals season for Turkish banks at better costs
Benefits of Turkey’s so-called economic normalisation policy clearly observed in external debt rollovers.
Ukraine's birth rate plummets to 300-year low as country’s population collapses
Ukraine’s population collapsed to 29mn souls last year, according to Ukraine Business News, with just 187,000 births recorded (including in Russian-occupied territories). This is the lowest annual figure in recorded history over the last 300 years.
Russia’s $13.4bn current account surplus in March second highest since 2007
Russia posted a $13.4bn current account surplus in March, more than double February’s $5.5bn and the second highest level for a March since 2007.
Automotive sector output in Hungary edges up 1.6% y/y in February
Headline industrial output rose 1.8% in February, increasing for the first month in about a year.
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