Data
Turkey enters technical recession with 3Q official GDP release
Statistical institute has "done the job". Odds shorten on December bringing a rate cut.
Subsidy covers 87% of electricity bill charged to lowest-level household consumers in Turkey
Such social support programmes seen as underpinning support for country’s ruling AKP.
_1732608884.jpg)
NBS forecasts inflation of 3.7% in 2025, growth at 4.5%
After briefly easing, inflation has approached the upper limit of the National Bank of Serbia’s target range.
Polish PPI eases decline in October
Poland's producer price index (PPI) fell 5.2% year on year in October (chart), following a revised fall of 6.2% y/y in September, the country’s statistics office GUS said on November 25.
Major powers among non-signatories of mine ban treaty
25 years ago today, the Ottawa Mine Ban Treaty came into effect. While 164 countries have signed and ratified the agreement since then, major powers like the United States, China and India are among the 34 non-signatories, Statista reports.
CBR: October macroeconomic forecast upgrades 2024 growth, but will slow in 2025
The ranges of analysts’ forecasts for the next years have narrowed for most indicators. At the same time, the ranges for GDP growth, unemployment rate, RUB/$ exchange rate, exports, imports and Brent oil price are widening by the end of the period,
Turkey sticks with 50% policy rate for eighth straight month
Reports say some carry traders have closed lira positions, but the smooth nominal devaluation and real lira appreciation policy remains on track.
More than half of Ukrainians favour peace talks as war reaches 1,000 days, finds Gallup poll
Over half of Ukrainians now support negotiations to end the war with Russia, marking a significant shift in public sentiment as the conflict surpasses its 1,000th day, according to Gallup polls released on November 19.
What happens if aid to Ukraine collapses under Trump?
Researchers at the Kiel Institute for the World Economy, which has been tracking aid to Ukraine's war effort, have calculated hypothetical scenarios of what they believe Ukraine aid could look like in 2025, once Trump takes office in January.
Popular support for Ukraine falling amongst allies
Nato's most recent survey of its member country populations showed that even among those nations that are Ukraine's biggest supporters in terms of its war effort against Russia, many constituents disagree with continued support, Statista reports.
_1732041961.png)
Slovak unemployment at historic low in October
Slovakia registered the lowest unemployment level of 5.88% for October since the splitting of Czechoslovakia in January 1993. The October figures also registered the lowest number of job applicants – 163,841 – since 1993.
Recycling lags for some green energy minerals
According to data released in a new report by the International Energy Agency, the recycling rates of many metals critical for green energy transitions are low and have only risen slowly over the last years.
Polish inflation’s October pick-up to 5% y/y confirmed
The Polish consumer price index (CPI) picked up its expansion rate slightly to 5% year on year in October (chart) from 4.9% y/y in September, data from Poland’s statistical office GUS showed on November 15.
Russian quality of life and confidence in the future reaches new all-time highs in November – Levada
Perceptions of the quality of life and confidence in the future have reached new all-time highs, according to a poll by the independent pollster, the Levada Centre.
Flash estimate shows Bulgaria’s GDP growth at 2.2% in 3Q24
Growth speeds up compared to previous nine quarters as Bulgaria adjusts to nearby Ukraine war and domestic political crises.
_1731674961.png)
Slovak inflation accelerates to 3.1% y/y in October
The consumer price index (inflation) in Slovakia rose by 3.1% year on year and by 0.7% month on month. It is the third highest y/y growth this year and the highest m/m growth together with January development.
Polish GDP growth slows to 1.7% y/y in Q3, flash estimate shows
Analysts say the Polish economic recovery might be sputtering in the wake of rising inflation and the weakening of real wage growth.
_1731597188.png)
Slovak economy maintains growth of 1.2% y/y in 3Q
Slovakia’s gross domestic product at constant prices increased by 1.2% year on year in the third quarter of this year, confirming a continued slowdown after GDP grew by 3.3% in Q1 and 2% in Q2.
Romania’s GDP grows by just 0.9% y/y in January-September
Agriculture, industry and construction were among the long list of sectors whose poor performance dragged growth down.
Romania’s industrial output falls by 2.0% q/q in Q3
Romanian industries are failing to take advantage of robust demand within the country, which instead has resulted in higher imports.