Central Europe / Data

Poland’s CPI growth picks up to 5.4% y/y, according to flash estimate

bne IntelliNews September 1, 2021

The flash reading puts Poland’s inflation at a 20-year high, adding ever more political heat to the debate about whether the central bank should raise rates.

Poland’s GDP growth adjusted upward to 11% y/y in Q2

bne IntelliNews September 1, 2021

The reading is an upward revision of 0.3pp versus the flash estimate, and shows that Poland has well and truly shaken off the pandemic-induced recession.

Czech GDP up by 8.2% y/y in 2Q21

bne IntelliNews September 1, 2021

Quarter-on-quarter, Czech GDP increased by 1% in 2Q21, mainly due to a growth in final consumption of households and in gross fixed capital formation.

Hungary's jobless rate edges below 4% in July

bne IntelliNews August 29, 2021

Hungary’s labour market has been resilient and recovered quickly from the pandemic, helped by coordinated economic protection measures by the state and the central bank.

Slovak unemployment rate stands at 7.66% in July

bne IntelliNews August 23, 2021

Jobless figures fall for fourth consecutive month.

Poland’s inflation shoots to 5% y/y in July

Wojciech Kosc in Warsaw August 16, 2021

A move to quash accelerating inflation from the NBP is, however, unlikely before it is clear how big the impact of the expected fourth wave of the COVID-19 pandemic will be.

Poland’s GDP soars 10.7% y/y in Q2 after pandemic recession

Wojciech Kosc in Warsaw August 16, 2021

Growth expected to slow if government reimposes COVID-19 restrictions in the autumn.

Czech July inflation at its highest level since mid-2020

bne IntelliNews August 12, 2021

Czech consumer prices increased by 3.4% year-on-year in July, the highest figure since July last year, driven by higher prices in transport (by 18.5%) up by 0.6 percentage points (pp) month-on-month.

Hungary’s consumer prices ease in July

bne IntelliNews August 11, 2021

Hungary’s consumer prices rose 4.6% y/y in July, slowing from the peak of 5.3% in the previous two months.

Czech industrial input continues to increase in June

bne IntelliNews August 10, 2021

Czech industrial production increased by 11.4% year-on-year and by 1% month-on-month in June, according to the latest data from August 6 released by the Czech Statistics Office. The value of news orders went up annually by 22.8%.

Bank stocks drive Warsaw Stock Exchange’s main index to all-time high

bne IntelIiNews August 10, 2021

The WIG was up 0.15% to 68,487.65 points on August 9, reaching a record high for the fourth session day in a row.

Hungary’s industrial production flat in June despite global chip shortage

bne IntelIiNews August 9, 2021

All branches of manufacturing contributed to the increase, but growth slowed significantly in the vehicle segment, which has the largest weighting.

Poland’s unemployment rate falls 0.3pp y/y to 5.8% in July, government estimates

bne IntelliNews August 4, 2021

Month-on-month, the unemployment rate fell 0.1pp.

Heatwave pushes up spot electricity prices in Southeast Europe

bne IntelliNews July 30, 2021

Prices elevated by a combination of demand for electricity for cooling and an outage at one of the reactors of Romania’s nuclear power plant.