Data
Croatia’s economy to grow by 5.4% in 2021, IMF says
Croatia’s economy is expected to post robust growth in 2021 and 2022 mainly thanks to the recovery of the services sector.
FPRI BMB Ukraine: Trust in Zelenskiy recovers to 50%
Heading into the new political season, Volodymyr Zelenskiy and his Servant of the People party are leading the polls in Ukraine, according to the latest socio-political survey conducted by the Rating Group.
Three major companies traded on Bucharest stock exchange doubled investors’ money over the past year
Blue chips Medlife and TeraPlast and real estate developer Impact boasted price increases in excess of 100% in 12 months.
HICP inflation in Kosovo hits 4.7% in August
High inflation over the past 12 months has reversed the effects of several months of deflation in the first part of 2020.
Czech inflation in August up to its highest level since November 2008
Czech inflation rose to 4.1% year-on-year in August, the highest since November 2008, up by 0.7 percentage points.
Russia's inflation at 6.7% in August, to remain above target until 3Q22
Russia's consumer price index posted 0.2% month on month and 6.7% year on year in August 2021. Inflation continued to accelerate, and was slightly above the Bloomberg consensus expectations of 0.1% m/m and 6.7% y/y.
Energy prices take Romania's inflation to 5.3% in August
Headline inflation in Romania accelerated from 4.95% y/y in July to 5.25% y/y in August, reaching the highest level since May-June 2018.
Ukraine’s NBU hikes rates 50bp to 8.5% as expected
The National Bank of Ukraine hiked interest rates by 50bp to 8.5% on September 9 as expected as it continues to battle soaring inflation.
Romania’s trade gap soars by 65% y/y in July
The trade deficit posted by Romania in July was the second-largest ever at €2.2bn.
Economic performance drags down business confidence in Albania
The business confidence indicator based on an annual survey of Amcham Albania members dropped in 2020 to its lowest level since the index was launched in 2012.
Construction prices in Kosovo surge by 12.1% y/y in Q2
Price of materials surged by 8.6% q/q, accounting for nearly 70% of the total construction costs.
Hungary’s inflation on the rise in August after a temporary retreat
Hungary’s headline inflation edged up to 4.9% in August from 4.6% in July.
Albania’s inflation accelerates again in August
Following robust GDP growth, the central bank expects inflation to return to target during 2022.
Romania confirms 13% GDP growth and full recovery in Q2
Romania’s GDP advanced by 1.8% q/q in the second quarter of the year, marking a 13% annual advance compared to the ‘lockdown quarter’ of 2Q20.
Czech unemployment down to 3.6% in August
The figure is down from 3.7% in July and by 0.2 percentage points year-on-year, making it the lowest among EU members.
North Macedonia’s annual inflation accelerates to 3.6% in August
Central bank expects consumer prices to increase further based on expected movements in import prices.
Czech industrial production grows 7% in July
But complications in the supply of raw materials and necessary components may lead to production fluctuations in the coming months and hamper overall growth.
North Macedonia turns to GDP growth of 13.1% in 2Q21
Economy rebounds from steep contraction in 2Q20, with a strong performance from the retail, hospitality and manufacturing sectors.
Kazakh annual CPI inflation at 8.7% in August
Price growth driven by annual food inflation, which stood at 11.4%.
Romania’s retail sales remain at record high in July
Consumption has already returned to pre-crisis growth rates and is not far from where it would have been in the absence of the COVID-19 crisis.
