Capital Economics analysts point to evidence of growing price pressures in eastern EU members.
Inflation is set to remain elevated throughout 2021, analysts say, but central bank is not expected to take action until at least the end of the year.
Q1 growth driven by strong performance of industrial and construction sectors.
Romania’s public debt increased to €107.5bn at the end of April, close to the 50% of the GDP estimated for 2021.
Serbia entered the crisis on a solid financial footing and the economy received strong monetary and fiscal support.
EBRD says recovery from the coronacrisis is progressing faster than expected, but many emerging Europe economies won’t return to 2019 levels of GDP until 2022.
Latest Balkan Barometer shows 77% want regional -, and most value relations with the EU above those with China, Russia or Turkey.
Ukraine’s industrial output increased 5.4% y/y in May, slowing from 13.0% y/y growth in April, the State Statistics Service reported.
Russia’s economy has been bouncing back from the coronavirus (COVID-19) pandemic well and industrial production was up a strong 11.8% in May year on year, but drilling into the details and different sectors are recovering at very different speeds