Data
Belarus GDP grew by 1.2% y/y in 2019
The Belarusian government forecasts the nation's GDP to increase by 0.7% y/yin the first quarter of 2020, by 1.6% y/y in the first half of the next year, 2.2% y/y in January-September, and by 2.8% y/y over the year.
Jump in Polish CPI confirmed at 3.4% y/y in December
Higher prices in food, housing, hotels and restaurants, as well as culture and recreation segments drove the result, though a pick-up in core inflation also played a role.
Romania’s external debt rises on chronic wide CA gap
Romania’s current account deficit reached €10.7bn, nearly 4.9% of GDP, in the 12-month rolling period ending November, 22.7% up y/y.
Ukraine consumer inflation ends 2019 at 4.1%
Ukraine’s consumer prices declined 0.2% month-on-month in December from 0.1% m/m growth in November, while annual inflation slowed to 4.1% y/y from 5.1% in November
The number of unemployed Czechs reached its lowest level since 1996
At the end of last year, the number of unemployed job applicants in the Czech Republic reached 215,532, which is the lowest figure since December 1996.
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Ukraine international reserves grew by 22% in 2019
Ukraine's reserves hit a 14 year high of $25.3bn in 2019
Russia's inflation at 3% in 2019
Russia's consumer price inflation posted 0.4% month-on-month in December 2019, translating into a 2019 full-year CPI of 3% year-on-year versus 4.3% y/y seen in 2019, according to the preliminary estimates of the Rosstat statistics agency.
Romania’s M&A market hits 10-year record in 2019 finds Deloitte
110 M&A deals took place in Romania in 2019, with a estimated value of between €4.0bn and €4.4bn, according to consultancy firm Deloitte.
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Belarus foreign reserves jump by 31% in 2019
The foreign exchange reserves of Belarus increased by $2.2bn in 2019, or 31.2% year-on-year, to $9.4bn in 2019, according to the National Bank of Belarus (NBB).
Belarus government forecast of 2.8% y/y GDP growth in 2020 met with scepticism by foreign, local economists
The Belarusian government forecasts the nation's GDP to increase by 0.7% year-on-year in the first quarter of 2020, by 1.6% y/y in the first half of the next year, 2.2% y/y in January-September, and by 2.8% y/y over the year.
Albania’s GDP increases 3.8% in 3Q19
Albania’s GDP increased by 3.81% year-on-year in the third quarter of 2019, with the mining sector leading the growth
Latvian retail sales return to growth in November
The November gain ends a short two-month streak during which retail turnover fell in Latvia after 45 months of uninterrupted growth. The weaker performance is in line with forecasts of a slowdown in economic growth in 2019.
Czech December PMI falls to its lowest level since 2009
Czech manufacturing sector continued to stagnate in December, but rose slightly to 43.6 from 43.5 in November, partly driven by the sharpest deterioration in operating conditions since 2009, which stemmed from weaker domestic and foreign client deman
Polish retail sales accelerate growth in November
The expansion continuing in November is hardly a surprise. Poles’ robust consumer spending is driven by the good situation on the labour market, low unemployment and growing wages in particular.
Hungarian government revises 2019 growth target and projects at least 4% annual GDP growth until 2023
Budapest expects export growth to outstrip import growth from 2021, but pace of growth for both household consumption and fixed investment set to slow.
Russia's PMI slows modestly in December but still ends 2019 with growth
The Russian composite PMI was lifted by the strong service sector results as usual. The Russia Composite PMI index posted a modest but still positive 51.8 in December, down slightly from 52.9 in November.
Ukraine's GDP rises 4.1% in 3Q19, but consumption is slowing
Ukraine’s real GDP growth slowed to 4.1% y/y in 3Q19, down from 4.6% the previous quarter, as consumption, one of the main growth drivers, starts to cool.
Poland’s PPI deflation deepens in November
The reading sees PPI inflation drop below the zero line for a second consecutive month after an inflationary streak that began in February 2018.