There were some major changes in the source countries of travellers to the region as the continued coronavirus threat forced people to switch to different holiday destinations.
Consumer prices grew by 4.6% year-on-year in September,
Finance ministry expects government debt to drop to 87.37% of GDP in 2021, after soaring to 103% of GDP in 2020.
Compared to the pre-crisis period January-September 2019, Georgia’s exports increased by 9% to $2.98bn, while imports advanced by only 3.3% y/y to $7.03bn.
The decline in output of automotive industry companies, which accounted for 17% of total manufacturing output in August, accelerated from a 6.7% drop in July.
Romania's automotive industry had been going strong pre-crisis and seemed to recover in late 2020 — only to be depressed by the semiconductor crisis this year.
The International Monetary Fund (IMF) downgraded Ukraine’s economic forecast for 2021 to 3.5% GDP growth from 4% in its April prognosis, according to the IMF’s World Economic Outlook (WEO) released on October 12.
Central bank last cut its key rate to 1.25% in March and has so far not joined the shift to monetary tightening.
National Bank of Moldova hiked the refinancing rate in September as inflation soared past its projections.
Non-oil exports drive Russia’s current account balance to a historical quarterly high of $40.8bn in the third quarter, the CBR reported on October 11.
Central bank says rising inflation mostly caused by factors beyond the influence of its monetary policy, namely rising international food and energy prices.
Output growth slowing down for the fourth consecutive month as chip shortage hampers recovery.
Strong growth in both exports and imports in August resulted in trade gap of €1.73bn.
Inflation hits 4.9%, up by 0.8 percentage points month-on-month.
Annual inflation in Ukraine accelerated to 11.0% year on year in September from 10.2% for the previous month, driven mostly by food and clothing prices.
Serbia issued its debut sovereign green eurobond as well as its longest-tenor traditional eurobond in September.
Russia’s gross international reserves have fallen by $10bn from an all-time high to $611.9bn as of October 1, according to the latest data from the Central Bank of Russia.
The Bucharest Stock Exchange's main BET index surged by 29% in January-September, more than double the growth of the US’ S&P 500 index or Europe’s STOXX600.
In its latest quarterly Inflation Report, the National Bank (MNB) predicted a further rise in inflation in the autumn months and put CPI over 5% for the rest of the year.
Higher food and fuel prices have sparked protests in recent days, with demonstrators calling on the government to intervene.