Data
Bulgaria’s inflation reaches new record of 18.7% y/y in September
Inflation has been rising for 19 consecutive months but started speeding up in the past several months due to surging energy prices.
Poland’s core inflation goes into double-digit territory in September
Poland’s core inflation grew 0.8pp to 10.7% y/y in September.
Flow of FDI to Romania reversed in August as Romgaz takes over Neptun Deep participation
The almost €1bn deal made Romania a net foreign investor in August, which happens very rarely.
Poland’s inflation rate continues to climb
CPI grew 17.2% in September and inflation is forecast to hit 20% in February.
Kazakh GDP grows 2.8% y/y in Jan-Sept
Foreign trade, meanwhile, expanded 36.3%, reaching $86.3bn.
Hungary’s automotive industry output surges in August
Output of the automotive industry, Hungary's biggest manufacturing sector, rose 58% y/y in August.
Ukraine’s inflation rises to 24.6% y/y in September
Ukraine’s inflation accelerated to 1.9% in September 2022 month on month and 24.6% y/y
Hungary’s headline and core inflation hit 26-year high in September
Headline inflation in Hungary accelerated to 20.1% y/y in September from 15.7% in the previous month, driven by higher food and household energy prices.
The fall in Russian inflation to 13.7% in September is bottoming out
Inflation continued to fall in Russia in September, to 13.7% y/y, but at a much slower rate than in previous months. The recent period of strong disinflation is coming to an end and the central bank is likely to scale back rate hikes.
Romania’s 12-month trade gap hits 11.9% of GDP
As well as reflecting global inflation, Romania’s trade gap is rising in real terms, as is the deficit-to-GDP ratio.
Annual growth of Slovenia’s industrial production accelerated to 4.8% in August
The annual growth of industrial production in August was the biggest so far this year, driven by the manufacturing and mining sectors.
Pessimistic Albanians don’t rate any local politicians
Poll shows none of the country’s main politicians had an approval rating of over 50%, and two-thirds of Albanians think things in the country are going "very badly".
Regulated fuel price caps keep Hungary’s retail sales afloat in August
Retail sales growth in Hungary slowed to 3.3% y/y in August, edging down from 3.8% in the previous month.
Romania’s retail sales keep rising in August
Wage increases, pandemic savings, the lifting of travel restrictions and the wave of Ukrainian refugees are visibly pushing retail sales up.
Albanian central bank raises policy rate to 2.25%
Supply-side shocks and heightened uncertainty in international markets are pushing up inflation in Albania.
Russia’s services PMI climbs again in September to 51.1, on rising client demand
The seasonally adjusted S&P Global Russia Services PMI Business Activity Index registered 51.1 in September, up from 49.9 in August, the company reported on October 5.
Kazakhstan’s manufacturing PMI signals renewed contraction
Period of growth comes to abrupt halt in September.
Polish factories remain in downturn mode in September
Poland's Purchasing Managers' Index improved 2.1 points to 43 in September but still lingered below the 50-point mark separating contraction from growth.
S&P sees ‘bleak’ prospects for Turkish manufacturing after assessing latest PMI data
Demand conditions home and abroad, notably in Europe, “challenging”, September survey shows.
Turkish official inflation calculated at 83% y/y for September
ENAG researchers contend rate was 186% y/y in reality.
