Data
Polish producer price deflation eases further in November
The PPI has been on a declining trend, reflecting the still relatively low demand linked to sluggish Germany economy and the domestic expansion only beginning to gain sustained momentum, analysts say.
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Czech National Bank keeps interest rates at 4%
Central bank ended its one-year cycle of cutting rates.
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Korean won dips to crisis levels amid US rate cuts and market volatility
The Korean won plunged to a level not seen since the global financial crisis of 2009, briefly breaching the KRW1,450 mark against the US dollar on December 19
North Macedonia's central bank lowers key interest rate by 0.25 pp to 5.55%
Policy rate lowered despite slight rise in inflation, attributed to higher food prices.
Hungarian households have joint lowest consumption levels in EU
Hungarians and Bulgarians had the lowest spending power among EU member states.
Poland’s core inflation comes in at 4.3% y/y in November
Poland’s core inflation, an indicator that measures price growth without including food and energy, picked up its expansion rate to 4.3% y/y in November after a gain of 4.1% y/y the preceding month.
Ukraine raises key interest rate to 13.5% amid rising inflation
The National Bank of Ukraine (NBU) has raised its key interest rate from 13% to 13.5% per annum, citing accelerating inflation and the need to stabilise inflation expectations.
Advanced economies have lower out-of-pocket healthcare spending
According to the Global Health Expenditure Database by the World Health Organization (WHO), the global average out-of-pocket expenses related to health across 192 countries made up 30% of all health expenditures per capita in 2022.
Hungary’s automotive sector grapples with slowdown of export markets
Automotive output down 3.9% year-on-year in October.
Romania’s industrial output shows partial recovery in October
Output rises 1.3% y/y but figure indicates continued stagnation in industrial activity.
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Slovak inflation hits 3.2% y/y in November
Inflation accelerated slightly on the 3.1% y/y growth in October and was the third highest this year amid a continued rise in food prices. The m/m rate is a slowdown on the 0.7% m/m growth in October.
Polish inflation rate eases to 4.7% y/y in November
The Polish consumer price index reduced its expansion rate to 4.7% year on year in November (chart) from 5% y/y in October, data from Poland’s statistical office GUS showed on December 13.
Key policy challenge as Russia’s inflation keeps accelerating in end-2024
Russian consumer price inflation keeps accelerating to 8.9% year on year in November 2024 from 8.5% y/y seen in October, revised upwards from previous estimates by RosStats statistics agency.
Iran's currency drops to lowest rate ever against the dollar
Iran's currency plunged to historic lows following the collapse of Bashar al-Assad's regime in Syria, with the Iranian rial dropping over 20% in recent weeks amid escalating regional tensions.
Rising inflation may force Moldova's central bank to reconsider its expansionary monetary policy
Consumer price inflation accelerated to 5.4% y/y in November from 5.3% in October.
Ukraine's international reserves rise as financial aid ensures budget stability
Ukraine's international reserves grew by 9.1% in November, reaching $39.92bn, boosted by substantial financial inflows from international partners and a reduction in net currency sales by the National Bank of Ukraine, the central bank reported.
Hungary's inflation accelerates to 3.7% in November
Month-on-month inflation was 0.5%.
Romania’s trade deficit reaches new record in October
Imports soared by 8.6% y/y an all-time high of €12.2bn, while exports advanced by only 0.5%.
Malaysia’s industrial growth slows in October following mixed sector performance
Malaysia’s industrial output expanded in October, but at a slower-than-anticipated pace, with gains in factory production and electricity generation offset by continued contraction in mining activity
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Czech inflation stays at 2.8% in November
Consumer price indices (inflation) increased by 2.8% year on year, the same as in October. Month on month, inflation increased by 0.1%.