Central Europe / Data

Polish retail sales accelerate growth to 5.7% y/y in July

bne IntelliNews August 22, 2019

While below market expectations, the expansion in July is in line with Poles’ increased consumer spending that is driven by the good situation on the labour market, low unemployment and growing wages in particular.

Poland’s industrial production rebounds in July

Wojciech Kosc in Warsaw August 22, 2019

The July growth follows a decline in June – the first in three years – that was due to fewer working days and surging temperatures. The July data suggest “stable GDP growth in the third quarter,” according to ING.

Slovakia’s inflation up again to 2.9% y/y in July

bne IntelliNews August 16, 2019

Year-on-year inflation in Slovakia rose to 2.9% in July, up by 0.2 percentage points (pp) from June, with core inflation standing at 2.5% and net inflation at 1.9%, the data of the Slovak Statistics Office (SSO) showed on August 13.

Czech GDP growth of 2.7% y/y in 2Q19 positively surprised

bne IntelliNews August 15, 2019

Household consumption and external demand drove the economy in 2Q19.

CEE economies are weakening but domestic demand offsets Eurozone slowdown

Ben Aris in Berlin August 14, 2019

GDP growth figures from the second quarter of this year were down on the first quarter but showed that growth was still being supported in Central and Eastern Europe by domestic demand that has gone some way to offsetting an EU slowdown.

Hungary’s economy flexes muscle as Q2 growth beats estimates

bne IntelliNews August 14, 2019

Economic growth in Q2 was higher than expected by most analysts, as recent industrial and retail sales data suggested slower growth between April and June.

Czech inflation rate back up to nearly 3% in July

bne IntelliNews August 14, 2019

The Czech inflation was up by 0.2 percentage points (pp) month-on-month in July to a 2.9% taking it back to its May level after a slowdown in June, data from the Czech Statistics Office (CSO) published on August 12 showed.

Slovakia’s industrial production falls to its lowest level since 2017 in June

bne IntelliNews August 14, 2019

Slovakia’s industrial production contracted by 2.1% year-on-year in June, a sharp fall from the 4.7% expansion the previous month, and fell to its lowest level since April 2017, Slovak Statistical Office data showed on August 9.

Lithuanian PPI index goes deeper into deflation territory in July

bne IntelliNews August 9, 2019

The indicator doubled its fall rate after going into negative territory for the first time since 2016 in June.

Estonian inflation eases to 2.1% y/y in July

bne IntelliNews August 8, 2019

Price growth eased 0.3pp versus the annual CPI change recorded in June, meaning index has stayed in positive territory for three consecutive years now.

Estonian industrial production contracts 3.8% y/y in June

bne IntelliNews August 1, 2019

The reading marks a return to a patchy performance, pointing to an economic slowdown this year.

Polish inflation accelerates to 2.9% y/y in July flash estimate shows

bne IntelliNews August 1, 2019

August was the sixth month in a row in which price growth accelerated in Poland, exceeding the 2.5% target of the National Bank of Poland for a second month straight.