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.
Polish retail sales grew 6.9% y/y in constant prices in October, the growth rate picking up from an expansion of 5.1% y/y the preceding month.
Ukraine retail trade slows to 5.6% growth in October
Poland’s industry has handled supply chain difficulties better than other European countries due to relatively lower dependence on foreign suppliers.
Value of property investment in Hungary poised to hit €1.2bn-1.3bn this year, 20% over last year's level.
Jobless figures fall by 0.3 percentage points month-on-month.
The Russian economy grew 4.3% y/y during the third quarter, but the post-coronavirus recovery is almost over. The result was below Bloomberg consensus (+4.5% y/y) and much slower than the second-quarter result.
Dissatisfaction with the quality of life in Bosnia is the main driver of young people's interest in going abroad, finds a new survey from the UNFPA.
The outlook for core inflation is that it will remain elevated throughout 2022.
Moldova’s foreign trade gap remained above $1bn in the third quarter of the year for the second quarter in a row, as imports of petroleum products nearly doubled and natural gas tripled in value terms.
Wage remittances sent by Georgians living and working abroad have significantly contributed to the resilient domestic demand.
Ukraine GDP growth slows to 2.4% in 3Q21 from 5.7% in the second quarter as the low base effects wear off, UkrStat estimates
Romania’s economic growth eased to 8% y/y in the third quarter of the year from 13.8% y/y in Q2.
Serbia’s gross NBS FX reserves amounted to €16.3bn at end-October, covering 145% of money supply (M1) and more than six months' worth of the country's import of goods and services, which is twice the level prescribed by the adequacy standard
Bulgaria’s consumer prices increased by 6% y/y in October, beating the nine-year peak reached a month ago when CPI grew by 4.8% y/y. The consumer price index (CPI) moved up 5.4% compared to December and by 1.8% month on month.
Drought in Serbia adds to upward pressure from high international food and energy prices.
In January-October, the country’s exports rose by 24.9% y/y to $3.39bn and by 11% compared to the same period of 2019.
The ongoing surge in consumer prices has spurred the National Bank of Poland into action twice already, raising interest rates from their all-time low of 0.1% to 1.25% in October and November.