Polish industrial production jumps 18.9% y/y off low base and returning demand

bne IntelliNews April 22, 2021

Once again, export-oriented branches of Poland’s industrial segment fared the best in March.

Czechia and Slovakia recorded the highest excess mortality rates in the EU in February

bne IntelliNews April 21, 2021

Slovakia's death toll increased by 65% compared to the average level between 2016 and 2019, while Czechia posted a 40% growth in excess mortality amid severe wave of the coronavirus pandemic.

Polish PPI expansion picks up to 3.9% y/y in March

Wojciech Kosc in Warsaw April 21, 2021

Producer prices increase on back of weak zloty, supply chain problems and rising commodity prices.

Romania’s Chimcomplex shares soar by 29% on WSE listing news

bne IntelliNews April 20, 2021

Shares in the Romanian chemical group are up 92% since the beginning of this year.

Montenegro’s public debt spikes at 82.48% of GDP in 2020

bne IntelliNews April 19, 2021

Montenegro's biggest creditor is China’s Exim Bank, which lent the country most of the funds for the Smokovac-Matesevo highway.

Polish core inflation rises to 3.9% y/y in March

bne IntelliNews April 19, 2021

Analysts expect headline CPI to hover around 3% in 2021, above the central bank’s inflation target of 2.5%.

Romania’s construction works down 0.6% in 2M21

bne IntelliNews April 18, 2021

Better performance in February and strong growth in civil engineering failed to counter sluggish January.

Turkish Airlines flies only 2.5mn passengers in March

Akin Nazli in Belgrade April 17, 2021

Resurgence in Turkey’s coronavirus outbreak looks set to hinder flag carrier’s attempts to stage a recovery.

Russian industrial output back to 1.1% growth in March

bne IntelliNews April 16, 2021

Russian industrial output posted 1.1% year-on-year growth in March 2021, according to RosStat statistics agency data, making the first y/y growth in a year.

NBU hikes rate 100bp to 7.5%

bne IntelliNews April 16, 2021

The National Bank of Ukraine (NBU) raised Ukraine’s prime rate by a full percentage point, to 7.5% on April 16, more than analysts had anticipated, after inflationary pressures surged in March.

NBU expected to hike rates on rising inflation

bne IntelliNews April 14, 2021

The National Bank of Ukraine (NBU) is expected to raise its prime interest rate on April 15 in order to combat rising inflation, according to a Reuter’s poll of analysts, the newswire reported on April 14.

Istanbul-listed Dogan joining Turkish IPO spree with Galata Wind unit

Akin Nazli in Belgrade April 13, 2021

Small caps have offered huge returns with flotations the new "kitsch". Turk Ilac, locked at the price ceiling for 20 days, became a rich butt of jokes.

Ukraine's consumer price inflation rose to 8.5% y/y in March, making rate hike this week likely

bne IntelliNews April 12, 2021

Annual inflation in Ukraine sped up to 8.5% y/y in March from 7.5% y/y in February, the State Statistics Service reported on April 9, making a rate hike at this week’s monetary policy meeting likely, say analysts.

Minor outflows from Russian equity and bonds, despite talk of war with Ukraine

bne IntelliNews April 9, 2021

Russian equity markets saw a surprisingly modest outflow of $10mn from Russia dedicated funds on the week’s trading ending April 8 despite the arrival of the most Russian troops at the border with Ukraine since 2014.

Labour demand rebounds in Croatia

bne IntelliNews April 7, 2021

Labour demand reached about 95% of its pre-pandemic level in March, Online Vacancy Index showed.

Slovenia’s blue-chip index at its highest level in over a decade

bne IntelliNews April 7, 2021

Slovenia’s bourse blue-chip index SBI TOP exceeded 1,000 points on April 7, which is the highest value since the end of 2009.

Russia's inflation seen peaking at 5.8% in March

bne IntelliNews April 7, 2021

Russia's consumer price inflation in March 2021 posted 0.7% month on month and 5.8% year on year (versus 5.7% y/y in February and 5.2% y/y in January), according to the latest data from RosStat statistics bureau.

Romania’s retail sales growth moderates to 1.5% y/y in Jan-Feb

bne IntelliNews April 6, 2021

Romania's retail sales index increased by 1.5% y/y in January-February compared to the same period last year — softer growth than previously but still positive despite the worsening of the pandemic in early 2020.

Russian services PMI jumps to seven-month high in March

bne IntelliNews April 6, 2021

The seasonally adjusted IHS Markit Russia Services Business Activity Index jumped to a seven-month high of 55.8 in March, up from 52.2 in February, the consultants said in a press release on April 4.