Data
Supply chain problems weigh on Hungary's industry
Industrial output fell for the second straight month in October, down 3.4% y/y and by 2.7% when adjusted for working days.
Czech industrial output posts a drop of 4.9% y/y in October
Compared to September figures, the industrial output went up by 0.9%.
Georgia’s manufacturing output up real 11.5% y/y in Q3
Compared to the third quarter of 2019, the production value in the manufacturing sector expanded by an annualised real rate of 2.9% per annum.
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Russia's saw another month of declining car sales in November, down 20%
Russia's saw another month of declining car sales in November, as units sold were down 20.4% y/y to 125,466 units, according to the latest report published by AEB.
Slovak GDP up by only 1.3% in 3Q21
In 3Q21, the performance of the Slovak economy approached the pre-pandemic level, however, it still lacked 0.7% to reach 2019 figures.
Georgia’s inflation remains above 12% y/y in November
The biggest part of the 12.5% y/y annual inflation (5.35pp) was caused by the 17% y/y increase in food prices.
Russia GDP growth up to 4.9% y/y in October due to base effects, but growth is slowing
Russia turned in growth of 4.9% y/y in October, up from 3.7% a month earlier, but the good result was largely a result of surging oil production as the OPEC+ deal comes to an end and low base effects from the coronavirus (COVID-19) pandemic in 2020.
Labour demand increases further in Croatia in November
Labour demand in November exceeding its 2019 and 2020 levels as the Croatian economy recovers.
Private consumption’s post-COVID recovery comes to an end in Romania
The annual growth rate of Romania's retail sales index eased to 4.0% y/y in October from 6.8% y/y in September.
Hungary’s retail sales up 5.7% in October
Retail sales and services are expected to lend support for Q4 GDP, while industry and construction continue to face supply constraints and a labour crunch.
Russia's services PMI falls for second month due to impact of coronavirus
The seasonally adjusted IHS Markit Russia Services Business Activity Index fell further in November to 47.1, down from 48.8 in October and the second consecutive monthly fall as the post-COVID bounce-back peters out.
Romania’s industrial prices surge by 26.8% y/y in October
High energy costs were behind rise in industrial prices, which in turn are pushing up consumer prices.
Service sector and public spending save Hungary’s Q3 GDP
Hungary’s Q3 GDP grew 0.7% on a quarterly basis and by 6.1% in annual terms, decelerating from 2.7% and 17.8% in Q2.
Kazakh manufacturing PMI shows return to contraction in November
Strain felt from headwinds including material shortages, lack of labour and price pressures.
Poland’s PMI climbs to highest point since August
Poland's Purchasing Managers' Index grew 0.6 points to 54.4 in November
Georgia’s annual GDP growth stable at 6.9% in October
For the first 10 months of the year, Geostat estimates an average growth rate of 10.5%.
Turkish manufacturers raised selling prices at sharpest pace on record shows November PMI
Companies need to see some stabilisation in the lira, says IHS Markit economics director.
Russia’s manufacturing PMI sees strongest growth for six months in November
The headline seasonally adjusted IHS Markit Russia Manufacturing PMI posted 51.7 in November, fractionally higher than 51.6 recorded in October, but the upturn was the fastest in six months.
Poland’s CPI growth shoots above upper range of consensus to 7.7% y/y in November
The November reading sets the scene for the National Bank of Poland (NBP) to raise interest rates for the third time this year during its meeting later this week.
Ukraine's real wages increase 4% y/y in October
Real wages in Ukraine rose 4.0% year on year in October, slowing from 6.9% y/y growth in September, the State Statistics Service reported on November 29.
