Data shows that the combined inventories of more than 100 listed real estate firms reached $20.15bn, an increase of 11% compared with the start of the year.
Russian manufacturing activity continued to contract in August, although at a slower pace, as persistent weakness in demand weighed on output and new orders, according to the latest Purchasing Managers’ Index (PMI) data published by S&P Global.
Improved GDP figures came as a positive surprise to local market analysts.
Economic sentiment in Central and Eastern Europe (CEE) rose in August, indicating a potential acceleration in regional GDP growth to around 2.5% y/y, according to a note published by Nicholas Farr, emerging Europe economist at Capital Economics.
Hydropower typically supplies nearly all of Albania’s electricity, leaving the Balkan country highly exposed to rainfall fluctuations.
One of the key components of the trade deal that the European Union and the US agreed upon on July 27 is the EU’s commitment to massively ramp up energy imports from the United States, Statista reports.