Data

Croatian GDP rises 15.8% y/y in 3Q21

bne IntelliNews November 27, 2021

Croatia's economy is rebounding strongly from the deep recession in 2020 when GDP contracted by more than 8%.

Russia’s industrial production growth accelerated to 7.1% y/y in October

bne IntelliNews November 25, 2021

Russia’s industrial production growth accelerated to 7.1% y/y in October from 6.9% y/y in September, which meant output was up 5.0% y/y in 10m21, Rostat reports.

Industrial production in Ukraine in October grows by 1.4% after month of decline

Cameron Jones in Kyiv November 25, 2021

After a 0.7% decline in September in October 2021, industrial production in Ukraine returned to growth and grew by 1.4% compared to October 2020, the State Statistics Service reported on November 23.

Georgian banks’ profits 38% larger than before crisis

Iulian Ernst in Bucharest November 25, 2021

Release of part of provisions made last year contribute to the robust profits in 2021.

Romanian banks boast record profit and lower NPL ratio in September

Iulian Ernst in Bucharest November 24, 2021

The Romanian banking system posted RON6.4bn (€1.3bn) aggregated net profit in January-September, 37% up y/y and 24% more compared to the same period of 2019.

Polish retail sales deliver positive surprise in October but inflation clouds outlook

Wojciech Kosc in Warsaw November 24, 2021

Polish retail sales grew 6.9% y/y in constant prices in October, the growth rate picking up from an expansion of 5.1% y/y the preceding month.

Ukraine retail trade slows to 5.6% growth in October

Cameron Jones in Kyiv November 24, 2021

Ukraine retail trade slows to 5.6% growth in October

Polish industrial production surprises on the upside with growth of 7.8% y/y in October

Wojciech Kosc in Warsaw November 23, 2021

Poland’s industry has handled supply chain difficulties better than other European countries due to relatively lower dependence on foreign suppliers.

Hungary's property market investment set to reach pre-crisis levels in 2022

bne IntelliNews November 22, 2021

Value of property investment in Hungary poised to hit €1.2bn-1.3bn this year, 20% over last year's level.

Slovak unemployment down below 7% in October

bne IntelliNews November 22, 2021

Jobless figures fall by 0.3 percentage points month-on-month.

The Russian economy grew 4.3% y/y during the third quarter, but the post-coronavirus recovery is almost over

bne IntelliNews November 18, 2021

The Russian economy grew 4.3% y/y during the third quarter, but the post-coronavirus recovery is almost over. The result was below Bloomberg consensus (+4.5% y/y) and much slower than the second-quarter result.

Almost 50% of young Bosnians want to leave the country

bne IntelliNews November 18, 2021

Dissatisfaction with the quality of life in Bosnia is the main driver of young people's interest in going abroad, finds a new survey from the UNFPA.

Polish core inflation accelerates to 4.5% y/y in October

Wojciech Kosc in Warsaw November 18, 2021

The outlook for core inflation is that it will remain elevated throughout 2022.

Moldova’s trade gap remains above $1bn in Q3 as gas import cost triples

bne IntelliNews November 18, 2021

Moldova’s foreign trade gap remained above $1bn in the third quarter of the year for the second quarter in a row, as imports of petroleum products nearly doubled and natural gas tripled in value terms.

Money transfers to Georgian households surge by 26% in first 10 months

Iulian Ernst in Bucharest November 17, 2021

Wage remittances sent by Georgians living and working abroad have significantly contributed to the resilient domestic demand.

Ukraine GDP slows to 2.4% growth in 3Q21, UkrStat estimates

Cameron Jones in Kyiv November 16, 2021

Ukraine GDP growth slows to 2.4% in 3Q21 from 5.7% in the second quarter as the low base effects wear off, UkrStat estimates

Romania’s economic growth shows signs of fatigue in Q3

Iulian Ernst in Bucharest November 16, 2021

Romania’s economic growth eased to 8% y/y in the third quarter of the year from 13.8% y/y in Q2.

Serbia's FX reserves at €16.3bn in October

bne IntelliNews November 16, 2021

Serbia’s gross NBS FX reserves amounted to €16.3bn at end-October, covering 145% of money supply (M1) and more than six months' worth of the country's import of goods and services, which is twice the level prescribed by the adequacy standard

Bulgaria’s inflation jumps to 6% y/y in October

bne IntelliNews November 16, 2021

Bulgaria’s consumer prices increased by 6% y/y in October, beating the nine-year peak reached a month ago when CPI grew by 4.8% y/y. The consumer price index (CPI) moved up 5.4% compared to December and by 1.8% month on month.

High food and energy prices push Serbia's inflation to 6.6%

bne IntelliNews November 16, 2021

Drought in Serbia adds to upward pressure from high international food and energy prices.

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