Azerbaijan’s retail trade turnover up 2.6% in 2M19

bne IntelliNews March 18, 2019

Azerbaijan’s retail trade turnover grew by 2.6% y/y in comparable prices in the first two months of 2019, reaching AZN5.5bn (€2.9bn), the State Statistical Committee of the Republic of Azerbaijan reported.

Inflation in Slovakia up by 2.3% in February

bne IntelliNews March 18, 2019

Year-on-year inflation in Slovakia increased by 2.3% in February, with core inflation amounting to 1.9% and net inflation at 1.7%, the Slovak Statistics Office reported on March 14.

Czech retail turnover up by 4.7% y/y in January 2019

bne IntelliNews March 15, 2019

Czech retail sales adjusted for calendar affects accelerated by 4.7% year-on-year in January from of 4.8% in December, affected markedly by e-shops and mail order services (up by 18.6%), according to the Czech Statistics Office´s data released on Mar

Ukraine central bank keeps key rate unchanged at 18%

bne IntelliNews March 14, 2019

The the National Bank of Ukraine (NBU) has keept its key policy rate at 18% per annum after "balancing the need to bring inflation back to its target against the risks that could prevent inflation from decreasing", the regulator said in a statement o

"Agro-superpower" Russia will harvest 118mn tonnes of grain in 2019, minister says

bne IntelliNews March 14, 2019

2019 harvest to include 75mn–78mn tonnes of wheat, according to Agriculture Minister Dmitry Patrushev. Combined exports of agricultural products grew 20% to US $25.9bn in 2018.

Romanian central bank’s dilemma “getting worse”, ING warns

bne IntelliNews March 13, 2019

Romania’s so-called “greed tax” on banks limits the BNR’s policy flexibility at a time of slowing growth and persistent inflationary pressure.

US could beat Russia's oil export numbers by 2024

bne IntelliNews March 13, 2019

The US could beat Russia's oil exports numbers by 2024 and become the world's second largest exporter of oil behind the Saudi Arabia, the report by the International Energy Agency (IEA) forecasts.

Capital outflow from Russia doubled in January-February

bne IntelliNews March 13, 2019

Capital outflow from Russia in January-February 2019 more than doubled year-on-year to $18.6bn from $8.7bn seen for the same period of last year, the data by the Central Bank of Russia (CBR) shows.

Czech inflation up by 2.7% y/y in February

bne IntelliNews March 12, 2019

Consumer prices in Ukraine rise 0.5% m/m in February

bne IntelliNews March 11, 2019

Consumer prices in Ukraine rose 0.5% month-on-month in February following a 1% m/m growth in January, according to the nation's state statistics service Ukrstat.

Belarus government forecasts GDP growth at 2.1% y/y in 2019, 2.5% y/y in 2020

bne IntelliNews March 11, 2019

The Belarusian government forecasts the nation's GDP growth at 2.1% year-on-year in 2019, 2.5% y/yin 2020, and 2.8% y/y in 2021, according to the cabinet's medium-term fiscal programme for 2019-2021 approved on March 6.

Average wage in Czech Republic increased to CZK33,840 in 4Q18

bne IntelliNews March 11, 2019

The average wage in the Czech Republic grew by 6.9% year-on-year, up by CZK2,179 (€84.9) to CZK33,840 (€1,319) in 4Q18, according to the data by the Czech Statistics Office released on March 8. In real terms it increased by 4.7%. The median wage reac

Downward trend of unemployment in Slovakia continued in 2018

bne IntelliNews March 11, 2019

Unemployment in Slovakia continued falling in 2018, down by 19.9% year-on-year to 179,500 persons in the whole 2018 and down by 21.5% y/y to 167,100 persons in 4Q18, where the unemployment rate dropped to 6.1% in 4Q18 and 6.6% in 2018, the Slovak Sta

Car sales in Russia slip in February in first in two years

bne IntelliNews March 6, 2019

Russia's car and light commercial vehicles (LCVs) sales in February contracted for the first time in two years, dropping by 3.6% year-on-year and by 1.8% y/y in January-February overall to 0.133mn and 0.235mn units respectively

Delayed infrastructure projects threaten Bulgaria’s GDP growth

bne IntelliNews March 6, 2019

Potential delay of big infrastructure projects and external factors such as Brexit are the main risks to Bulgaria's outlook this year, central bank warns.

Ukraine foreign reserves decline by 2.9% m/m in February

bne IntelliNews March 6, 2019

Ukraine international reserves declined by 2.9% m/m to $20.22bn in February

Romania’s retail sales maintain momentum in January

bne IntelliNews March 6, 2019

Retail sales index increased by 6.6% y/y in January, defying expectations of a slowdown in consumption.

Estonian industrial production eases growth to 4.7% y/y in January

bne IntelliNews March 6, 2019

Estonia’s industrial output has now grown for 31 months straight, helping economic expansion.

Unemployment the prime fear of politically disaffected young Croatians

bne IntelliNews March 5, 2019

Young Croatians expressed a deep distrust of political institutions and consider those in power disregard the needs and opinions of their generation, FES study finds.