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Ford drives hike in car production in Romania
5 days ago
Czech industrial production in September slightly fell in comparison to August by 0.4% in seasonally adjusted terms.
The y/y comparison did much better, with industrial production growing by 4.4% compared to the same period a year ago, although the rate of expansion was slower compared to August by 1.4pp.
The most significant increases were registered for the production of electricity, cars, and chemicals. By the end of 2017 total industrial production growth is expected to reach 5.2%, according to Raiffeisen Bank International (RBI).
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Data
Ford drives hike in car production in Romania
Romania’s automobile production increased by 7% y/y to more than 150,000 units in Q1.
Akbank launches spring syndicated loan renewals season for Turkish banks at better costs
Benefits of Turkey’s so-called economic normalisation policy clearly observed in external debt rollovers.
Ukraine's birth rate plummets to 300-year low as country’s population collapses
Ukraine’s population collapsed to 29mn souls last year, according to Ukraine Business News, with just 187,000 births recorded (including in Russian-occupied territories). This is the lowest annual figure in recorded history over the last 300 years.
Russia’s $13.4bn current account surplus in March second highest since 2007
Russia posted a $13.4bn current account surplus in March, more than double February’s $5.5bn and the second highest level for a March since 2007.
Automotive sector output in Hungary edges up 1.6% y/y in February
Headline industrial output rose 1.8% in February, increasing for the first month in about a year.
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