Data
Polish central bank NBP turns up hawkish message as it holds rates at 5.75% again
Poland's Monetary Policy Council, the rate-setting body of the National Bank of Poland (NBP), kept the central bank’s reference interest rate unchanged once again at 5.75% on January 16.
Wages in Romania complete two-year growth cycle, but the outlook deteriorates
The average net wage in Romania (chart) increased by 13.1% y/y in November (+12.3% y/y in October) after a significant 2.3% m/m advance in the month (the steepest monthly advance since March) mainly driven by the manufacturing segment.
Russia's international reserves up to $609.5bn in 2024, but the NWF down by over a trillion rubles to RUB3.8 trillion
Russia's international reserves were reported at $609.5bn as of January 3, up slightly from $598.5bn a year earlier, but the National Wealth Fund was down by over a trillion rubles to RUB3.8 trillion.
Number of Turkish energy M&As edges up to 30 in 2024
Volume of transactions, however, contracts 44% y/y to $1bn from $1.8bn in 2023.
"Out of control" Russia's CPI inflation up again to 9.5% in December
Russia’s runaway consumer price inflation (CPI) made more gains in December, rising to 9.5% y/y, as the Central Bank of Russia (CBR) continues to lose the fight to reign in rising prices.
South Korea’s central bank freezes rates amid weakened economy and political turmoil
South Korea's central bank has opted to keep its benchmark interest rate unchanged at 3% despite mounting concerns over the country's economic performance.