Data
Hungary’s retail sales up 5.7% in October
Retail sales and services are expected to lend support for Q4 GDP, while industry and construction continue to face supply constraints and a labour crunch.
Russia's services PMI falls for second month due to impact of coronavirus
The seasonally adjusted IHS Markit Russia Services Business Activity Index fell further in November to 47.1, down from 48.8 in October and the second consecutive monthly fall as the post-COVID bounce-back peters out.
Romania’s industrial prices surge by 26.8% y/y in October
High energy costs were behind rise in industrial prices, which in turn are pushing up consumer prices.
Service sector and public spending save Hungary’s Q3 GDP
Hungary’s Q3 GDP grew 0.7% on a quarterly basis and by 6.1% in annual terms, decelerating from 2.7% and 17.8% in Q2.
Kazakh manufacturing PMI shows return to contraction in November
Strain felt from headwinds including material shortages, lack of labour and price pressures.
Poland’s PMI climbs to highest point since August
Poland's Purchasing Managers' Index grew 0.6 points to 54.4 in November
Georgia’s annual GDP growth stable at 6.9% in October
For the first 10 months of the year, Geostat estimates an average growth rate of 10.5%.
Turkish manufacturers raised selling prices at sharpest pace on record shows November PMI
Companies need to see some stabilisation in the lira, says IHS Markit economics director.
Russia’s manufacturing PMI sees strongest growth for six months in November
The headline seasonally adjusted IHS Markit Russia Manufacturing PMI posted 51.7 in November, fractionally higher than 51.6 recorded in October, but the upturn was the fastest in six months.
Poland’s CPI growth shoots above upper range of consensus to 7.7% y/y in November
The November reading sets the scene for the National Bank of Poland (NBP) to raise interest rates for the third time this year during its meeting later this week.
Ukraine's real wages increase 4% y/y in October
Real wages in Ukraine rose 4.0% year on year in October, slowing from 6.9% y/y growth in September, the State Statistics Service reported on November 29.
North Macedonia’s industrial production declines further in October
North Macedonia's manufacturing sector has contracted sharply in the last two months.
Slovenia’s GDP expands 5% y/y in 3Q21
Robust household consumption drove economic growth in third quarter.
Serbia's central bank governor says inflation to exceed projections by end-2021
Higher vegetable prices, further growth in global prices of primary commodities and cost-push pressure will push inflation above the NBS' expectations at end-2021 and in the first half of 2022.
Real average wage in Moldova up 8.3% y/y in Q3
Annual advance slowed from the double-digit growth recorded in the previous three quarters but remains robust.
Georgian banks’ loan portfolios grow by 15% y/y at end October
Compared to October 2019, before the crisis, the volume of assets and loans surged by 29% and 36% respectively.
Croatian GDP rises 15.8% y/y in 3Q21
Croatia's economy is rebounding strongly from the deep recession in 2020 when GDP contracted by more than 8%.
Russia’s industrial production growth accelerated to 7.1% y/y in October
Russia’s industrial production growth accelerated to 7.1% y/y in October from 6.9% y/y in September, which meant output was up 5.0% y/y in 10m21, Rostat reports.
Industrial production in Ukraine in October grows by 1.4% after month of decline
After a 0.7% decline in September in October 2021, industrial production in Ukraine returned to growth and grew by 1.4% compared to October 2020, the State Statistics Service reported on November 23.
Georgian banks’ profits 38% larger than before crisis
Release of part of provisions made last year contribute to the robust profits in 2021.
