Southeast Europe / Data
Growth of output prices in Slovenia speeds up to 7.7% y/y in August
The PPI index started to increase rapidly at the beginning of 2021.
Moldova’s industry returns to pre-crisis growth pattern
In annual terms, industrial output still increased by an impressive 16.2% in July as an effect of subdued activity last summer.
Textiles and footwear sector left out of Albania’s export recovery
Albania's clothing and footwear sector was deeply damaged by the pandemic, and has yet to recover to pre-crisis levels.
Croatia's inflation reaches 3.1% in August
Inflation accelerated driven by food prices, in line with an increase in prices seen across the emerging Europe region.
Romania’s public debt rises by €3.9bn in July, but stays below 50% of GDP
€3.5bn Eurobonds issued in July pushed debt up to RON545.3bn at the end of the month.
Inflation in Moldova advances to 4.6% y/y as of August
Consumer price inflation was driven up by higher prices of fuel, construction materials and some food items.
Croatia’s economy to grow by 5.4% in 2021, IMF says
Croatia’s economy is expected to post robust growth in 2021 and 2022 mainly thanks to the recovery of the services sector.
Three major companies traded on Bucharest stock exchange doubled investors’ money over the past year
Blue chips Medlife and TeraPlast and real estate developer Impact boasted price increases in excess of 100% in 12 months.
HICP inflation in Kosovo hits 4.7% in August
High inflation over the past 12 months has reversed the effects of several months of deflation in the first part of 2020.
Energy prices take Romania's inflation to 5.3% in August
Headline inflation in Romania accelerated from 4.95% y/y in July to 5.25% y/y in August, reaching the highest level since May-June 2018.
Romania’s trade gap soars by 65% y/y in July
The trade deficit posted by Romania in July was the second-largest ever at €2.2bn.
Economic performance drags down business confidence in Albania
The business confidence indicator based on an annual survey of Amcham Albania members dropped in 2020 to its lowest level since the index was launched in 2012.
Construction prices in Kosovo surge by 12.1% y/y in Q2
Price of materials surged by 8.6% q/q, accounting for nearly 70% of the total construction costs.
Albania’s inflation accelerates again in August
Following robust GDP growth, the central bank expects inflation to return to target during 2022.
Romania confirms 13% GDP growth and full recovery in Q2
Romania’s GDP advanced by 1.8% q/q in the second quarter of the year, marking a 13% annual advance compared to the ‘lockdown quarter’ of 2Q20.
North Macedonia’s annual inflation accelerates to 3.6% in August
Central bank expects consumer prices to increase further based on expected movements in import prices.
North Macedonia turns to GDP growth of 13.1% in 2Q21
Economy rebounds from steep contraction in 2Q20, with a strong performance from the retail, hospitality and manufacturing sectors.
Romania’s retail sales remain at record high in July
Consumption has already returned to pre-crisis growth rates and is not far from where it would have been in the absence of the COVID-19 crisis.
North Macedonia’s jobless rate falls to 15.9% in 2Q21
The jobless rate has been constantly falling in the last few years, but the pace slowed in 2020 due to the coronavirus pandemic.
Industrial prices keep rising fast in Romania in July
Figures suggests higher energy prices have not yet passed through to consumer prices so further supply-side inflationary pressures are expected.
