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Russian services PMI improves to 49.1 in August, but demand remains fragile
Russian services activity stabilised in August after two consecutive months of decline, according to S&P Global’s latest PMI data, but the broader private sector continues to face subdued demand and weakening confidence.
August brought another sharp decline in Kazakhstan’s manufacturing industry, PMI shows
Demand weakens. New orders fall for first time in 19 months.
Romania’s manufacturing PMI rises to 14-month high but outlook remains weak
Despite the improvement, the index remained below the neutral 50 threshold for the fifteenth consecutive month, signalling ongoing contraction.
Annual inflation in Uzbekistan edges down to 8.8% in August
Consumer prices also picked up 0.4% m/m, ending a brief phase of monthly declines.
PMI shows Turkish manufacturers continued to endure challenging market environment in August
Survey, however, also picked up signs of pressures easing.
Vietnam property developers’ inventories hit record highs
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.
Russia's manufacturing sector remains under pressure despite signs of stabilisation
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.
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Czech GDP improved to 2.6% in Q2 after refinement
Improved GDP figures came as a positive surprise to local market analysts.
Economic sentiment improves across Central and Eastern Europe despite new US tariffs
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.