Data
Russian industrial production fell heavily by 3.7% y/y in February on leap year effect
Russia’s industrial production fell heavily by 3.7% y/y in February on the leap year affect, down from a 1.9% contraction the month before, Rosstat reported on March 16.
Free economic zones accounted for 48% of North Macedonia's exports in February
North Macedonia has 14 free zones where companies employ over 14,000 people.
Poland’s core inflation eases to 3.7% y/y in February
The lower reading of the core index all but affirms that a period of stability in Poland’s monetary policy is ahead.
Romanian construction companies start the year slowly
Romania's construction works volume decreased by 3.6% y/y in January, a negative performance that followed double-digit growth rates last year.
Poland’s CPI growth eases to 2.4% y/y in February
Inflation likely reached bottom in February and is now expected to climb up towards the upper range of the central bank’s deviation band.
TURKEY INSIGHT: Borsa Istanbul sour taste won’t go away for foreign investors
Non-Turkish-held holdings on the stock exchange fall below 45%. Hopes of a trend reversal prove short-lived.
Romania’s manufacturing sector at new post-crisis high in January
Romania's core manufacturing industries advanced by 1.6% m/m in January to reach a new post-crisis high.
Will the CBR hike rates this week?
Consumer prices have been surging in the last few months as Russia’s economic recovery gets under way and the slump in the ruble’s value from last year works its way through the system. The pressure on the central bank to hike rates is building
Turkey’s airports serve 5.4mn passengers in February
Istanbul Airport, meanwhile, saw a passenger volume of 3.33mn in January-February, down 66% y/y.
Slovenia’s trade surplus jumps 67.9% y/y to €348.2mn in January
Slovenia’s trade surplus jumped to €348.2mn in January, from a surplus of €207.4mn in the same month of 2020 as imports fell more steeply than exports.
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Ukraine’s real GDP dropped 2.6-2.8% y/y in January
Ukraine’s real GDP dropped 2.6-2.8% y/y in January, according to estimates published on March 10 by the Ministry of Economic Development.
Russia registers $13.1bn current account surplus in 2m21
Russia's current account surplus in 2m21 amounted to $13.1bn (it was $6.8bn in January), down from $17.7bn in 2m20.
Turkey collecting privatisation bids for 253MW Gebze natural gas plant
Bids also wanted for tender to privatise 26MW Tortum hydro-dam plant.
Lower oil and gas prices dragged down Albania’s PPI in 4Q20
Albania's Producer Price Index was down by 3.4% y/y in the final quarter of 2020, despite rising compared to Q3.
Bulgaria's retail sales fell 3.9% y/y during January lockdown
Food and beverage sales rose in January but failed to offset the drop in sales of non-food products and motor fuel.
Russia's Watcom shopping index recovering in March but still down by a quarter y/y
Russia’s Watcom shopping index continued to recover slowly in March, but the index that measures foot traffic in real time was still down by 24.6% year-on-year.
Romania was the fastest growing EU economy in 4Q20
Romania’s GDP up 4.8% q/q in Q4 amid milder second COVID-19 wave.
Russian inflation peaks in February at 5.7% y/y
CPI rate reached 5.7% y/y in February, the Central Bank of Russia (CBR) reported on March 5. This marks the highest level since November 2016.
Bucharest Stock Exchange starts 2021 with strong growth
BVB officials expect 20 more bond and share issues this year after a surge in interest in the alternative AeRO market.
Ukraine's international reserves down 1% to $28.5bn in February
Ukraine’s gross international reserves (GIR) fell by 1% to $28.5bn due to redemption of debt obligations, the National Bank of Ukraine (NBU) reported on March 5 as cited by Unian.
