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.
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 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’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
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.
Ukraine's reserves hit a 14 year high of $25.3bn 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.
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.
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).
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 increased by 3.81% year-on-year in the third quarter of 2019, with the mining sector leading the growth
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 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
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.
Budapest expects export growth to outstrip import growth from 2021, but pace of growth for both household consumption and fixed investment set to slow.
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 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.
The reading sees PPI inflation drop below the zero line for a second consecutive month after an inflationary streak that began in February 2018.