Data
Croatian GDP rises 15.8% y/y in 3Q21
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
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
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
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
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
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.
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Ukraine retail trade slows to 5.6% growth in October
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
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
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
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
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
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
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
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
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
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
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
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
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%
Drought in Serbia adds to upward pressure from high international food and energy prices.
