The seasonally adjusted IHS Markit Russia Services Business Activity Index fell further in November to 47.1, down from 48.8 in October and the second consecutive monthly fall as the post-COVID bounce-back peters out.
High energy costs were behind rise in industrial prices, which in turn are pushing up consumer prices.
Hungary’s Q3 GDP grew 0.7% on a quarterly basis and by 6.1% in annual terms, decelerating from 2.7% and 17.8% in Q2.
Strain felt from headwinds including material shortages, lack of labour and price pressures.
Poland's Purchasing Managers' Index grew 0.6 points to 54.4 in November
For the first 10 months of the year, Geostat estimates an average growth rate of 10.5%.
Companies need to see some stabilisation in the lira, says IHS Markit economics director.
The headline seasonally adjusted IHS Markit Russia Manufacturing PMI posted 51.7 in November, fractionally higher than 51.6 recorded in October, but the upturn was the fastest in six months.
The November reading sets the scene for the National Bank of Poland (NBP) to raise interest rates for the third time this year during its meeting later this week.
Real wages in Ukraine rose 4.0% year on year in October, slowing from 6.9% y/y growth in September, the State Statistics Service reported on November 29.
North Macedonia's manufacturing sector has contracted sharply in the last two months.
Robust household consumption drove economic growth in third quarter.
Higher vegetable prices, further growth in global prices of primary commodities and cost-push pressure will push inflation above the NBS' expectations at end-2021 and in the first half of 2022.
Annual advance slowed from the double-digit growth recorded in the previous three quarters but remains robust.
Compared to October 2019, before the crisis, the volume of assets and loans surged by 29% and 36% respectively.
Croatia's economy is rebounding strongly from the deep recession in 2020 when GDP contracted by more than 8%.
Russia’s industrial production growth accelerated to 7.1% y/y in October from 6.9% y/y in September, which meant output was up 5.0% y/y in 10m21, Rostat reports.
After a 0.7% decline in September in October 2021, industrial production in Ukraine returned to growth and grew by 1.4% compared to October 2020, the State Statistics Service reported on November 23.
Release of part of provisions made last year contribute to the robust profits in 2021.
The Romanian banking system posted RON6.4bn (€1.3bn) aggregated net profit in January-September, 37% up y/y and 24% more compared to the same period of 2019.