Data
EU rare earth supply dominated by China and Russia - Eurostat
The European Union remains heavily dependent on China and Russia for rare earth imports, with nearly three-quarters of its supply sourced from the two countries in 2024, according to data published by Eurostat and reported by Statista.
Turkey's central bank remains cautious, delivers 100bp rate cut
Decision comes on eve of next hearing in trial that could dislodge leadership of opposition CHP party.
Polish retail sales return to solid growth in September
Polish retail sales grew 6.4% year on year in constant prices in September, picking up from a 3.1% y/y rise in August, the statistics office GUS said.
Uzbekistan’s nine-month foreign trade nears $60bn
Export growth of 33% and import expansion of 16% y/y produce $6.4bn deficit.
Hungary’s central bank leaves rates unchanged
National Bank of Hungary expects inflation to fall back into the tolerance band by early 2026, with the 3% target sustainably achievable in early 2027 under the current strict policy settings.
Germany slowdown weighs on Lithuania’s export-driven manufacturing sector
Lithuania’s economy remains highly sensitive to the industrial cycle in Germany, its third largest trade partner.
Chobani yoghurt king Hamdi Ulukaya becomes richest Turk
Knocks Murat Ulker into second place in Forbes ranking as his company's valuation leaps to $20bn.
Poland’s industrial production jumps 7.4% y/y in September
September saw an unexpectedly sharp increase in industrial production after the surprise gain of 0.7% y/y in August.
Ukrainian M&A market grows 22% despite war, driven by local investors
Two large acquisitions by agriculture holding MHP and mobile operator Kyivstar accounted for more than half of the total deal value.
Ukraine’s credibility crisis: corruption perception still haunts economic recovery
Despite an active reform narrative and growing international engagement, corruption remains the biggest drag on Ukraine’s economic credibility, according to a survey by the Kyiv International Institute of Sociology.
India’s retail payment revolution
India’s payments landscape has reached a pivotal stage, with digital transactions now accounting for 99.8% of all retail payments.
Military aid for Ukraine falls despite new Nato PURL initiative – Statista
The Kiel Institute for the World Economy found that military aid to Ukraine dropped sharply in July and August compared to previous months, despite the implementation of the Nato PURL initiative.
IMF cuts Russia’s 2025 growth forecast to 0.6%, leaves Ukraine's unchanged at 2%
The International Monetary Fund has lowered its forecast for Russia’s economic growth in 2025 to just 0.6%, marking the second-steepest downgrade among major economies, even as it raised its global outlook.
Russia's PMI indices plummet as economy cools
Russia’s private sector entered deeper contraction in September, as both services and manufacturing activity declined, according to the latest PMI data published by S&P Global.
Japan’s current account surplus dips as overseas earnings weaken
The surplus nevertheless remained in positive territory for the seventh consecutive month and was the second-highest on record for August.
Garanti sells Tier II eurobond as Turks persist in tapping international debt markets
Turkey’s CDS hover above 250-level. Yield on Turkish government’s 10-year eurobonds steady below 7%-level.
January to September sees Vietnam’s overseas investment quadruple
The total comprised $709.3mn in newly registered capital across 134 projects, nearly four times last year’s level, and a further $137.5mn injected into 23 existing ventures.
World Bank forecasts diverging growth paths for South Caucasus economies
Georgia maintains strong momentum, Armenia stabilises but Azerbaijan's economy slows amid declining oil output and weak digital capacity, World Bank report says.
World Bank warns of rising informal employment across East Asia, with Indonesia most affected
The World Bank has raised concerns over worsening employment quality across East Asia and the Pacific, warning that the growing shift towards informal and low-productivity jobs threatens the region’s economic resilience.
Romania’s manufacturing PMI reaches 15-month high in September
Latest PMI reading follows a period of gradual recovery in Romania’s industrial sector.