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.
Although preliminary data indicates increased economic growth in Georgia, demand side pressure on inflation remains weak, the central bank said recently.
The lack of new business has pulled all three of Russia's PMI indices down into the red, although the falls are not dramatic.
Closure of several large transactions pushed up the investment volume in 1H19, while increased stability in the financial markets and the CBR easing monetary policy also boosted the sector, says a report from JLL.
The reading marks a return to expansion in Estonia’s industrial output after April’s dent ended a 33-month series of uninterrupted growth.
The indicator’s fall attests to the continuing deterioration of business conditions at Polish manufacturers, said IHS Markit which compiles the index — though industrial growth remained strong at the start of the year.
The Czech IHS Manufacturing Purchasing Managers Index plunged to its lowest level since July 2009, posting 45.9 in June, down from 46.6 in May
The seasonally adjusted IHS Markit Russia Manufacturing Purchasing Managers’ Index fell to 48.6 in June, down from 49.8 in May, signalling a slight deterioration in the health of the Russian manufacturing sector.
Failure to keep to the spending plan for the $390bn investments planned for the 12 national projects is believed to be the main reason for the fall in fixed investment.
The hook-up of Ukraine’s bond market to the Clearstream international payments and settlements system is turning out to be a stunning success.
Sharp slowdown in growth since April, but consumption is expected to be an important driver of economic growth in 2019, as it was last year.
The unemployment rate in Hungary fell to 3.4% in March-May, its lowest level since independence
Analysts see Turkey’s credit growth remaining weak holding back economic recovery.
Russian consumer prices increased by 0.1% week-on-week in the week of June 24, following three weeks of zero weekly inflation in a row. Since the beginning of the month inflation stood at 0.1%, Sberbank CIB estimated on June 27.
Ukraine's industrial output increased 1.6% y/y in May, slowing from 5.2% y/y in April, due to weaker growth in manufacturing, the State Statistics Service reports
The slowdown was expected after sales spiked the previous month because of Easter but still is in line with Polish households’ general inclination towards increased consumption.
The Belarusian economy grew by 1% year-on-year in January-May following a 1.4% y/y growth in January-April, according to national statistics agency Belstat.
The headline figure is 1.5pp below the unadjusted figure recorded the preceding month but still attests to the Polish industrial sector’s stubbornness to give in to negative trends in the external environment.