The aggregate profit of the Moldovan banks increased by 54% y/y to €115mn in 2021.
Capital Economics predicts 6.8% GDP growth in 2022.
December figures may point to the high inflation beginning to subdue consumption or to households holding back spending after increased spending in November.
The expansion shot up well above the consensus line of 13% y/y.
The PPI climbed to the highest point since the late 1990s.
Trade gap widened by 24% y/y to $5.83bn – which represents nearly one third of the estimated GDP last year.
The producer price index (PPI) started to increase rapidly at the beginning of 2021.
Unemployment was up 0.12pp m/m but down 0.81pp y/y.
The 21-share blue-chip CROBEX index has been rising since the start of the year as Croatia's economy continues its recovery from the coronacrisis.
New records announced daily in several countries, but most governments are reluctant to introduce new restrictions.
The Russian initial public offering (IPO) market in 2021 hit a record $3.7bn, the highest since 2011, RBC business portal reported citing the data by Refinitiv. At the same time, the M&A market was down by 40% in 2021.
With inflation expected to climb further to 10% y/y in January-February, at least one more interest rate increase is virtually certain.
Prices of food and non-alcoholic beverages showed the steepest monthly rise in December.
Exports rose 38.2% in December, led by a strong increase in minerals, fuels and electricity exports.
Annual inflation reached 8.2% y/y in December and energy prices contributed more than half.
Month-on-month, consumer prices increased by 0.2%.
Consumer prices increased by 7.4% y/y in December, while core inflation rose to 6.4%.
Mass emigration and the ongoing coronavirus pandemic contributed to the decline.
The average net wage in Romania rose by 2.8% m/m in November to €736.5 in one of the highest monthly increases over the past couple of years.
Government to prepare a new package of measures to mitigate the effect of price increases and ensure Croatians don't see a fall in their standard of living.