Data

Turkish manufacturing nearing stabilisation, PMI shows

bne IntelliNews January 2, 2025

December moderation least pronounced in eight months.

Turkey launches monetary easing cycle with 250bp rate cut

Akin Nazli in Belgrade December 26, 2024

Regulator also narrows interest rate corridor.

Turkey hikes minimum wage by 30% in line with financial market demands

Akin Nazli in Belgrade December 26, 2024

Increase compares to official inflation of towards 50%, unofficial inflation of towards 90%. Turks in usual fury.

Dollar hits new high in Tehran ahead of international holidays

bne Tehran bureau December 24, 2024

Iran’s currency markets recorded another surge in the US dollar, which reached IRR 787,500 on the open market on December 24, setting a new record high.

Russia’s CBR keeps key rate at 21% under pressure

bne IntelliNews December 20, 2024

In a surprise decision CBR governor Elvia Nabiullina kept interest rates on hold at 21% as she comes under mounting pressure from Russian President Vladimir Putin and the oligarchs who accuse her of destroying the economy.

Polish industrial production disappoints in November as output falls 1.5% y/y

Wojciech Kosc in Warsaw December 20, 2024

Seasonally adjusted, output expanded 1.1% y/y in November, following a gain of 3.9% y/y the preceding month, GUS data showed.

Moldova's economy shrinks by 1.9% y/y in Q3

Iulian Ernst in Bucharest December 20, 2024

Economic performance was dragged down by agriculture, while manufacturing sector grew.

Kosovo's population down 12% since 2011

Valentina Dimitrievska in Skopje December 20, 2024

Falling population attributed to departure of many Kosovars to work abroad in search of a better life, a trend that persists across the Balkans.

Polish producer price deflation eases further in November

bne IntelliNews December 19, 2024

The PPI has been on a declining trend, reflecting the still relatively low demand linked to sluggish Germany economy and the domestic expansion only beginning to gain sustained momentum, analysts say.

Czech National Bank keeps interest rates at 4%

Albin Sybera December 19, 2024

Central bank ended its one-year cycle of cutting rates.

Korean won dips to crisis levels amid US rate cuts and market volatility

bno - Taipei Office December 19, 2024

The Korean won plunged to a level not seen since the global financial crisis of 2009, briefly breaching the KRW1,450 mark against the US dollar on December 19

North Macedonia's central bank lowers key interest rate by 0.25 pp to 5.55%

bne IntelliNews December 18, 2024

Policy rate lowered despite slight rise in inflation, attributed to higher food prices.

Hungarian households have joint lowest consumption levels in EU

Tamas Csonka in Budapest December 18, 2024

Hungarians and Bulgarians had the lowest spending power among EU member states.

Poland’s core inflation comes in at 4.3% y/y in November

bne IntelliNews December 17, 2024

Poland’s core inflation, an indicator that measures price growth without including food and energy, picked up its expansion rate to 4.3% y/y in November after a gain of 4.1% y/y the preceding month.

Ukraine raises key interest rate to 13.5% amid rising inflation

bne IntelliNews December 16, 2024

The National Bank of Ukraine (NBU) has raised its key interest rate from 13% to 13.5% per annum, citing accelerating inflation and the need to stabilise inflation expectations.

Advanced economies have lower out-of-pocket healthcare spending

Florian Zandt for Statista December 16, 2024

According to the Global Health Expenditure Database by the World Health Organization (WHO), the global average out-of-pocket expenses related to health across 192 countries made up 30% of all health expenditures per capita in 2022.

Hungary’s automotive sector grapples with slowdown of export markets

Tamas Csonka in Budapest December 16, 2024

Automotive output down 3.9% year-on-year in October.

Romania’s industrial output shows partial recovery in October

Iulian Ernst in Bucharest December 16, 2024

Output rises 1.3% y/y but figure indicates continued stagnation in industrial activity.

Slovak inflation hits 3.2% y/y in November

Albin Sybera December 15, 2024

Inflation accelerated slightly on the 3.1% y/y growth in October and was the third highest this year amid a continued rise in food prices. The m/m rate is a slowdown on the 0.7% m/m growth in October.

Polish inflation rate eases to 4.7% y/y in November

bne IntelliNews December 15, 2024

The Polish consumer price index reduced its expansion rate to 4.7% year on year in November (chart) from 5% y/y in October, data from Poland’s statistical office GUS showed on December 13.

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