Baltic States
CEE boom passes peak
The boom Central and Eastern Europe has been enjoying for the last four years has reached its peak as countries in the region start to run up against their structural limits.
Latvian inflation moderates in July
Inflation continues to be under moderate demand-led pressure from the tightened labour market that is pushing up wages.
Latvian industrial production returns to feeble growth in June
The current streak of minimal, or lack of, growth points to a possible slowdown in the rate of economic expansion in the third quarter.
Estonian production growth falters in June
Output has now grown for 24 months straight in the Estonian industry overall, supporting economic growth.
Lithuanian GDP growth accelerates to 3.7% in second quarter
Analysts predict growth will remain strong – albeit moderating a bit – throughout the rest of the year, before slowing down more clearly in 2019.
Estonian retail sales growth slows down to 1% y/y in June
The reading sees the sector return to the feeble growth rate of March and April, with the overall turnover at Estonian shops coming in at €613.6mn.
Latvia asks for international help to contain forest fires
Climate change is believed to be responsible for the heatwave afflicting northern Europe that has seen temperatures of over 30 degrees Celsius as far as 300 kilometres inside the Arctic Circle.
Lithuanian industrial production growth rate eases minimally in June
The reading marks a marginal slowdown of the growth tempo in Lithuanian industry after output expanded 5.2% in May, but still extends the run of positive growth to 22 consecutive months.
Danske Bank to waive profit from suspicious transactions in Estonia
An investigation has been launched after media reports that much as €7.1bn may have been laundered via the bank’s Estonian operations.