Eastern Europe / Data
Russia's service PMI falls back in the red in June for the first time in a year to 49.2
Russia’s service sector fell back into the red at the end of the second quarter as the S&P Global PMI index fell to 49.2 in June from 52.2 in May, below the 50 no-change benchmark.
Russian manufacturing contracts in June decline at fastest rate in three years to 47.5
Russia’s manufacturing sector recorded its sharpest downturn in more than three years in June, as weak domestic and international demand triggered renewed declines in new orders and output, S&P Global reported on June 30.
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Russia’s inflation continued to recede to 9.5%
Russia’s consumer price inflation during the week of June 17–23 was 0.04% week on week, flat as compared to the previous week, according to the latest report from RosStat statistics agency.
Polish public support for Ukraine’s EU and NATO membership drops sharply – poll
Public backing in Poland for Ukraine’s accession to the European Union and Nato has fallen significantly since the start of the war, according to a new survey by the research agency IBRiS.
Sanctions no longer top Russian business concern, worries now focused on internal constraints on growth – survey
Russian business leaders are increasingly less concerned about Western sanctions but more preoccupied with structural economic challenges, particularly labour shortages and cost pressures, according to the latest "CEO Barometer" poll.
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Russian inflation slows to 9.6% as of June 16
Russia’s consumer prices rose by 0.04% week on week between June 10 and 16, compared with 0.03% w/w the previous week, according to the latest data from RosStat.
Belarus inflation exceeds official targets as May rate hits 7.1%
Consumer prices in Belarus rose 0.7% in May, pushing annual inflation to 7.1%, according to data published by the National Statistical Committee, Belstat, on June 10. The latest figures show inflation outpacing government targets and accelerating fro
Number of recorded disasters up 50-fold since 1970 – OWID
Tracking the occurrence of natural disasters can save lives by helping countries prepare for future ones, Our World in Data (OWID) reports.
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Russia’s inflation at 9.9% in May
Russia’s consumer price inflation in May 2025 stood at 0.4% month on month and 9.9% year on year, according to the latest data from RosStat statistics agency.
Russia’s growth model is exhausted, says Oreshkin
Russia’s current economic model has exhausted its capacity to drive growth and must be restructured to ensure future development, said Maxim Oreshkin, economic adviser to President Vladimir Putin.
Germans overtake Americas and most hated by Russians – Levada
Germans have overtaken Americas to become the most hated by Russians, according to a poll by independent pollster, the Levada Centre.
Russia’s Central Bank cuts rate to 20% as inflation and economy cool
The board of the Central Bank of Russia (CBR) resolved to cut the key interest policy rate from 21% by 100 basis points to 20% at the policy meeting of June 6, the CBR said in a press release.
Russian services sector posts 52.2 in May, strongest growth since January, but job cuts and low confidence persist
Russia’s services sector PMI expanded at its fastest rate since the beginning of the year in May says S&P Global. However, the rebound was accompanied by falling employment levels and falling optimism.
Record number of Russians want the war to end
A record number of Russian citizens now want the war to end, according to a new poll by the independent pollster, the Levada Center, the Moscow Times reported on June 3.
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Ukraine’s banks continue strong performance in 2025
Ukraine’s banks continue to show resilience in war-time conditions, posting healthy profits for 2024 and the first four months of 2025 and continuing to reduce their holdings of non-performing loans (NPLs).
Russian overdue mortgages double in 3M25 – CBR
The volume of overdue debt on mortgage loans increased by 9.6% in a month, the amount of bad mortgage has almost doubled (+96%) over the first three months of this year, the Central Bank of Russia reports.
Russia’s manufacturing PMI back in the black at 50.2 but only just
Russia’s manufacturing sector PMI returned to marginal growth in May after two months of contraction, according to the latest Purchasing Managers’ Index data from S&P Global, published on May 31.
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Russia’s inflation stabilises at below 10%
Russia’s consumer prices rose by 0.06% week on week during the period of May 20 to May 26, down from 0.07% in the previous week, according to the latest data from RosStat.
Russia’s consumer price inflation at 10.2% in April
Inflation and the resulting high interest rates continue to be the principal concern of Russian policy makers.
Russia’s service sector PMI stagnate at 50.1 in April for a second month
Business activity in Russia’s private sector showed signs of stagnation in April, with services growth flatlining and manufacturing output continuing to decline, according to the latest PMI data released by S&P Global.