Bulgaria has been struggling for years with air pollution in urban areas, particularly in winter.
Calculations from independent Inflation Research Group, headed by Istanbul academics, again clash with official picture.
Annual consumer price index (CPI) inflation in Kazakhstan stood at 7.2% in May, according to data published by the country’s statistics office.
Kazakhstan's GDP contracted by 1.5% y/y in the first quarter, according to latest official figures provided by the national statistics office.
The Bucharest Stock Exchange boasted the highest daily liquidity in its history in the first five months of 2020.
Ukraine’s current account switched to a surplus of $837mn in April, from a $333bn deficit in the prior month, due the positive balance in trade and primary income, the National Bank of Ukraine (NBU) said in a preliminary report on May 31.
The flash reading for May adds to the pressure on the central bank to tighten its currently super dovish monetary stance.
Survey also shows supply chain problems remain widespread, contributing to strong inflationary pressures.
Pandemic caused businesses to delay their investments into North Macedonia.
The headline seasonally adjusted IHS Markit Russia Manufacturing PMI registered 51.9 in May, up from 50.4 in April, its strongest improvement since March 2019, Markit said in a press release on June 1.
Russia’s gross international reserves (GIR) posted $600.9bn in May, its highest level ever, and $2bn more than the previous all time high set in August 2008, just before the global financial crisis hit.
The pandemic has reduced the number of jobs in Moldova but the average wage has increased.
The reading is an upward revision of 0.3pp versus the flash estimate published in mid-May.
Country posts 1Q growth of 7% y/y but poverty is on the rise. “Most decent economists realise this growth has been bought at the price of a weaker currency and higher inflation, making Turks a lot poorer in dollar terms,” says strategist.
Real wages in Ukraine rose 19.7% y/y in April, accelerating from 9.5% y/y growth in March.
The IMF predicts a strong economic rebound in Slovenia as the pandemic abates, with GDP growing by 3.9% in 2021 and 4.5% in 2022.
Russian corporate profits extended their gains from the first two months of this year and made almost twice as much money in March as in any previous March since 2016, according to the latest RosStat figures.
Russia’s unemployment rate fell to 5.2%, its sixth consecutive month of decrease since the out of work rate spiked to 6.4% in August last year, according to the latest RosStat figures.
The stock of bank loans in Romania increased by 8.3% y/y at the end of April to reach RON293.6bn.