Belarus reports 0.5% m/m inflation in October

bne IntelliNews November 12, 2019

Consumer prices in Belarus grew by 0.5% month-on-month and 3.9% y/y in October, according to the nation's statistics service Belstat.

Romania’s sluggish Q3 exports raise questions about still buoyant import-driven consumption

Iulian Ernst in Bucharest November 12, 2019

Romania’s exports of goods increased by only 0.5% y/y to €17.0bn in Q3, which was the weakest performance in the past seven years.

EC: Slovakia ́s real GDP at 2.7% in 2019

bne IntelliNews November 12, 2019

Slovakia's real GDP growth will significantly slow from 4.0% in 2018 to 2.7% in 2019, according to the European Commission (EC) autumn economic prognosis published on November 7.

Czech retail sales at 7.3% growth y/y in September

bne IntelliNews November 12, 2019

Non-adjusted Czech retail sales increased by 7.3% year-on-year in September from 3.7% in August. The month-on-month seasonally adjusted sales in retail trade went up by 0.7%, according to the Czech Statistics Office data published on November 7.

Ukraine’s consumer prices rose 0.7% m/m and slowed to 6.5% y/y in October, driven by food prices

bne IntelliNews. November 11, 2019

Ukraine’s consumer prices rose 0.7% m/m in October owing to growing prices for food, clothing and footwear, and alcohol and tobacco, the State Statistics Service reported. Annual inflation slowed to 6.5% y/y in October from 7.5% y/y in September.

Ukraine foreign reserves flat m/m in October

bne IntelliNews November 7, 2019

Ukraine's international reserves decreased by 0.2% month-on-month to $21.4bn in October following a 2.6% m/m drop in September, according to the National Bank of Ukraine (NBU).

Russian car market continues decline in October

bne IntelliNews November 7, 2019

Sales of new passenger cars and light commercial vehicles (LCVs) in Russia continued its decline, decreasing by 5.2% in October 2019, according to the report by the AEB Automobile Manufacturers Committee overseeing the industry.

Popularity of Russian regional governors reaches all time high

Ben Aris in Berlin November 7, 2019

The popularity of Russia’s regional governors reached an all time high of 65% in October, only 3 percentage points behind the popularity of President Vladimir Putin.

Russia’s CPI rate fell below the central bank's 4% target in October

bne IntelliNews November 7, 2019

In October Russia’s consumer price inflation (CPI) rate fell below Central Bank of Russia (CBR) target of 4% to 3.8% year-on-year, Rosstat reported on October 7.

Russia’s Service PMI posted a strong 55.8 in October, offsetting a slowdown in manufacturing

Ben Aris in Berlin November 6, 2019

The October survey results signalled a strong expansion in business activity across the Russian service sector, largely underpinned by a sharper upturn in new orders.

Ukraine central bank forecasts nation's GDP growth in July-September at 3.5% y/y

bne IntelliNews November 5, 2019

The National Bank of Ukraine (NBU) estimates the nation's GDP growth at 3.5% year-on-year in the third quarter of 2019, according to the NBU's inflation report published last week.

Ukraine’s current account deficit grew to $1.1bn September from $0.4bn in August

bne IntelliNews November 5, 2019

Ukraine’s current account (C/A) deficit grew to $1.1bn September from $0.4bn in August due to a deteriorated balance of primary income and increased trade deficit, the National Bank of Ukraine (NBU) reported on October 31.

Czech manufacturing PMI still contracting in October, firms slash workers, confidence falters

Nelly Tomchikova in Prague November 5, 2019

Despite a slight increase in IHS Manufacturing Purchasing Managers Index (PMI) in the Czech Republic to 45.0 in October from 44.9 in September, the data signalled a further deterioration in the Czech manufacturing sector health

Auto sales in Turkey leap 128% in Oct as cut loan rates entice consumers

bne IntelliNews November 4, 2019

Despite strong sales performance of past two months, auto sales still 32% lower in first 10 months of 2019 year on year.

TURKEY INSIGHT: Officials say CPI now at 3-yr low but experts not convinced data is sound

bne IntelliNews November 4, 2019

“Not sure many people locally believe the data,” says one analyst. “I wouldn't be buying the mkt regardless. Too much $hit flying round,” remarks another.

Russian manufacturing PMI sector dropped in October on back of weakening client demand

bne IntelliNews November 1, 2019

The Russian manufacturing sector slowed again in October, driven by weaker client demand. Output and new orders both contracted but managers remain strongly optimistic about output over the coming 12 months.

Estonian retail sales maintain growth tempo in September

bne IntelliNews October 31, 2019

Consumption is expected to be an important driver of Estonia’s economic growth in 2019, as it was last year.

Russia’s growth driven by agriculture and wholesale trade in 3Q19

Ben Aris in Berlin October 31, 2019

Russia’s growth was driven by a growth in agriculture and rising wholesale trade in the third quarter of this year, reports Rosstat in a data release looking at the basic sectors of the economy.

Slowdown on the cards for Central Europe as economic sentiment plunges

bne IntelliNews October 30, 2019

The European Commission’s Economic Sentiment Indicators (ESIs) turned south across Central Europe in October, suggesting the economies of the region will slow down from here as a miasma descends.

Ukraine's unemployment falls to 7.8% in 2Q19, its lowest level in five years

bne IntelliNews October 29, 2019

Ukraine's unemployment started to fall more noticeably in the second quarter of this year. The unemployment level fell from 9.2% in the first quarter to 7.8% in the second.