Data

Growth of Polish retail sales slows down in June

bne IntelliNews July 21, 2019

The reading marks a slowdown of 1.9pp in retail turnover growth in comparison to y/y expansion recorded in May, seen by Erste analysts as a result of the calendar effect.

Watcom shopping index picks up in June for first time in four years

Ben Aris in Berlin July 19, 2019

Foot traffic at Russia’s leading malls was up over the first six months of this year, suggesting the continuous contraction that has marred retail for the last five years has bottomed out, according to the latest Watcom Shopping index.

Hackers target Bulgaria’s revenue agency, accessing millions of financial records

Denitsa Koseva in Sofia July 16, 2019

The hackers accessed the system of Bulgaria’s tax agency, revealing tax declarations, personal identification numbers, names, addresses, income and other information, which were leaked to the media from a Russian email address.

Polish inflation accelerates to 2.6% y/y in June

Wojciech Kosc in Warsaw July 16, 2019

Inflation is expected to moderate in the second half of the year with the Polish Monetary Policy Council to remain dovish.

Average gross wage in Slovenia up by real 2.5% y/y in May

bne IntelliNews July 15, 2019

Tightening labour markets are putting upward pressure on wages in Central and Southeast Europe.

Turkmenistan exposed: Investors warned nation is “teetering on edge of catastrophe”

Kanat Shaku in Almaty July 15, 2019

Despite people going hungry amid economic crisis ruling autocrats continue to pile money into vanity projects, while failing to pay contractors. Eight-lane ‘Turkmen Autobahn’ latest investment to raise eyebrows.

Fastest shrinking EU states are from Southeast Europe and the Baltics

bne IntelliNews July 12, 2019

States across Central and Southeast Europe are experiencing a long-term population decline due to a combination of low birth rates and mass emigration.

Consumer prices in Ukraine declined 0.5% in June

bne IntelliNews July 11, 2019

Prices of food (down 1.1% m/m), clothes and footwear (down 3.0%) and utilities (down 1.4%) dragged the headline figure down in June.

Russia’s current account posted a $45.6bn surplus in the first half of this year

bne IntelliNews July 10, 2019

Softer crude oil prices offset by weak domestic demand and lower imports all contributed to the surplus

Czech retail sales in May recorded the slowest growth in past 2 years

bne IntelliNews July 10, 2019

Czech retail sales fell 1% month-on-month at constant prices in May after very strong growth in previous months, and marked the slowest growth in 2 years.

Central European economies decouple from Eurozone slowdown

Clare Nuttall in Glasgow July 9, 2019

Economists from wiiw have revised upwards their forecasts for Central and Southeast European economies as wage-driven growth has stopped them from following the eurozone into a slowdown.

Russia’s consumer confidence index ticked up by 1 pp in the second quarter to minus 15%

bne IntelliNews July 9, 2019

The mood amongst Russian consumers brightened a tad in the second quarter of this year, but overall consumers remain very gloomy.

Slovakia ́s retail trade revenues down to 2.7% growth in May y/y, the biggest drop since 2012

Nelly Tomcikova in Prague July 9, 2019

Slovakia ́s revenues from retail trade (excluding car sales) increased by 2.7 % in May year-on-year, following a 1.8% gain the previous month, recording the biggest drop in retail trade since December 2012, according to data from the Slovak Statistic

Czech industrial production puts in a surprise 3.2% growth in May, resisting German slowdown

Nelly Tomcikova in Prague July 9, 2019

Czech industrial production surprised analysts after it increased by 3.2% year-on-year in May, driven mainly by a 7% acceleration in the automotive industry, based on data published by the Czech Statistics Office on July 8. The consensus was for a 1%

Romania posted strong GDP growth of 5% in 1Q19

bne IntelliNews July 8, 2019

This is the highest annual growth rate in the past five quarters, defying projections of a slowdown in Romania's GDP growth.

Latvian industrial production returns to growth in May

Wojciech Kosc in Warsaw July 5, 2019

The reading marks a return to growth for the Baltic state’s industrial sector after output fell in April in what was a third fall in the previous five months.

Poland’s unemployment rate drops to 28-year low of 5.3%

Wojciech Kosc in Warsaw July 5, 2019

Record-low rate results in fast-growing wages and buoyed consumer confidence, making household consumption a key driver of economic growth.

Hungary's sluggish May retail sales surprise analysts

bne IntelliNews July 5, 2019

Slowing wage increases partially foreshadowed the drop, but analysts are still at a loss to explain whether the steep deceleration in retail sales growth is a blip or the start of a wider slowdown.

CEE monthly bond wrap: the number of issues in both CE and EE pick up in June as sentiment improves

Ben Aris in Berlin July 4, 2019

The total of $5.3bn from seven issues in June was the most issued in the last four years. Eastern Europe and Russia also had a good month with issues of $5.1bn and $3.2bn respectively.

Russian car market keeps declining in June, no growth seen in 2019

bne IntelliNews July 4, 2019

Sales of new passenger cars and light commercial vehicles (LCVs) in Russia again in June, falling by 3.3% to 0.151mn units, the latest report by AEB Automobile Manufacturers Committee (AEB AMC) shows. In January-June overall the market declined by 2.

Dismiss