Data
Turkey releases official GDP growth of 3.2% for 2024
The finance industry sought a technical recession and got one. That has now been exited.
Polish GDP growth surge in Q4 confirmed
Poland's GDP growth surged to 3.7% year on year in the fourth quarter (chart), picking up after a revised gain of 2% y/y in the previous quarter, according to seasonally adjusted preliminary data released by the statistical office GUS.
Uzbekistan’s public debt tops $40bn in 2024, borrowing cap exceeded
Indicator has risen from $17.8bn in 2019 and $34.9bn in 2023.
Emirates NBD intermediates 26 eurobond sales by Turkish issuers in 2024
Turkey's eurobond sellers last year raised $33bn from 46 papers, setting an annual record, while redeeming $16bn on 19 papers.
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Slovak unemployment inches up to 3.92% in January
The unemployment level in Slovakia (PDU indicator) continued to inch upward in January to 3.92% after it inched up to 3.81% in December. Unemployment dropped year on year by 0.05 percentage points.
Real wages in Hungary rise at fastest pace in 30 years in 2024
Gross wages in Hungary averaged HUF646,800 (€1,620) and net wages came to HUF430,100 last year, both up 13.2% year on year, according to data from the KSH.
Romania’s CFA Society confidence index improves but outlook remains bleak
Romania’s macroeconomic confidence index (chart), compiled by CFA Society Romania, increased by 2.3 points month on month to 40.4 in January. Despite this improvement, it remained below the neutral 50-point threshold.
Borsa Istanbul extends short selling restriction to avoid collapse
Local investors, who dominate the highly manipulated market, have turned to deposits and money market funds. There are no IPOs in the pipeline.
Singapore’s lender OCBC warns of slower loan growth in 2025 after missing profit estimates
Oversea-Chinese Banking Corp, Singapore’s second-largest lender, has forecast a slowdown in loan growth for 2025 following a weaker-than-expected rise in fourth-quarter earnings.
Turkey confirms it expects 1.3 bcm of Turkmen gas flows by end-2025
Country continues to push its ambition to become a gas re-export hub, but if sanctions on Russia are lifted amid a deal on Ukraine, that hope could fall apart.
US Treasury targets Iran's National Oil Co. CEO in new sanctions push
The United States imposed a fresh wave of sanctions on Iran’s oil sector, targeting over 30 individuals and tankers, including the CEO of the National Iranian Oil Co. (NIOC), for facilitating the sale and transportation of Iranian crude.
Polish PPI moves closer to positive territory in January
Poland's producer price index (PPI) fell 0.9% year on year in January (chart), following a revised fall of 2.7% y/y in December, the country’s statistics office GUS said on January 22.
Trust in Zelenskiy jumps to 65% following Trump’s comments, but still trails General Zaluzhnyi
Public trust in Ukrainian President Volodymyr Zelenskiy has jumped to 65%, up from 57% in January, after US President Donald Trump claimed that his popularity was only 4% and called him a “dictator” without legitimacy.
The war in Ukraine has reduced inequality and made Russian society fairer, poll shows
The three-year war in Ukraine has improved the structure of Russian society and reduced social and income inequality, Russians believe for the first time ever, the state-owned Russian Public Opinion Research Center (VTsIOM) found in a recent survey.
Polish industrial production declines 1% y/y in January
Poland’s industrial production contracted 1% year on year at constant prices in January (chart), after a gain of 0.2% y/y the preceding month, unadjusted data from the statistical office GUS showed on February 22.
North Macedonia surpasses €1bn in FDI for the first time
Increase reflects North Macedonia’s growing appeal as a destination for high-tech manufacturing and sustainable energy solutions.
Gold hits new record as global prices surge while dollar spikes in Iran
Gold prices in Iran spiked due to the weakening rial exchange rate against the US dollar on February 20.
Serbia's central bank forecasts 4.5% GDP growth in 2025
Automotive sector to buoy economy in 2025 after Serbia achieved one of the fastest growth rates in Europe last year.
Uzbekistan: Shadow economy responsible for generating over one-third of GDP
Officials use indirect methods to look at the unobservable.