Ford drives hike in car production in Romania
1 day ago
North Macedonia posted average annual inflation of 18.7% in December, slowing down from the 19.5% inflation a month earlier (chart), according to statistics office data released on January 9. In the whole of 2022, the average inflation was 14.2%, up from just 3.2% in 2021.
The central bank said recently that the uncertainty of the future dynamics of prices of primary products on the stock exchanges, and especially of energy products, is emphasised due to the military developments in Ukraine and the sanctions against Russia.
On a monthly basis, the consumer price index (CPI) edged down 0.2% in December after rising by 0.5% in November.
As in the previous months, the food and beverages prices posted the largest annual growth of 27.1%, followed by hotel and restaurants (20.9%), housing, water, electricity, gas and other fuels (20.4%), furnishings and household equipment (16.7%) and transport costs (16.1%).
The retail price index grew by 15.1% y/y and moved up by 0.7% on a monthly basis in December.
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Data
Ford drives hike in car production in Romania
Romania’s automobile production increased by 7% y/y to more than 150,000 units in Q1.
Akbank launches spring syndicated loan renewals season for Turkish banks at better costs
Benefits of Turkey’s so-called economic normalisation policy clearly observed in external debt rollovers.
Ukraine's birth rate plummets to 300-year low as country’s population collapses
Ukraine’s population collapsed to 29mn souls last year, according to Ukraine Business News, with just 187,000 births recorded (including in Russian-occupied territories). This is the lowest annual figure in recorded history over the last 300 years.
Russia’s $13.4bn current account surplus in March second highest since 2007
Russia posted a $13.4bn current account surplus in March, more than double February’s $5.5bn and the second highest level for a March since 2007.
Automotive sector output in Hungary edges up 1.6% y/y in February
Headline industrial output rose 1.8% in February, increasing for the first month in about a year.
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