The moderate PPI level corresponds to stubbornly weak inflation, which eased to just 0.9% y/y in January.
The Kremlin has been stock piling the yellow metal in anticipation of more US sanctions.
Mongolian consumer price inflation was recorded at 7.3% y/y in January, according to latest national statistics office data. In monthly terms, inflation grew slightly by 0.6% in the first month.
Consumer prices in Slovakia grew by 1.1% on average in total month-to-month in January 2019 and 2.2% y/y according to the Slovak Statistics Office
Russia’s industrial and manufacturing activity is slowing after a relatively robust 2018, which saw industrial production growth of between 2-3% most months.
The Belarusian economy grew by 0.7% year-on-year in January, the nation's Economy Minister Dmitry Krutoi told a government meeting on February 15.
Mongolia’s economy grew by 6.9% y/y in 2018, up from the 5.1% growth recorded in 2017 -- much better than expected
Slovakia's GDP increased by 3.6% year-on-year in fixed prices in 4Q18, according to a preliminary GDP growth estimate published by the Slovak Statistics Office on February 14. After seasonal adjustment, GDP went up by 0.8% quarter-on-quarter and by 4
Growth of the Czech economy slowed to 3% in 2018, from 4.5% in 2017, driven by domestic demand, according to preliminary estimate published by the Czech Statistics Office (CSO) on February 15. In the 4Q18, domestic GDP grew by 2.9% year-on-year.
North Macedonia posted annual inflation of 1.2% in January, up from 0.9% a month earlier
Lithuania’s current account showed a deficit of €246.46mn in December, the Bank of Lithuania reported on February 14.
Kazakh industrial output rose by 1.9% y/y in January, according to figures released by the State Statistics Committee on February 13.
Kazakh retail sales moved up by 4.4% y/y in January, reaching KZT694.6bn (€1.64bn), according to data published by Kazakhstan's State Statistics Committee on February 13.
The Czech current account printed a surplus of CZK38.2bn (€1.48bn) in 2018, a year-on-year decrease by almost CZK16bn (€620.28mn), according to preliminary data released by the Czech National Bank (CNB) on February 13.
Czech inflation rate increased by 2.5% year-on-year in January from 2.0% in December 2019, mostly due to increase in housing prices, according to the Czech Statistical Office data
After a terrible year in 2018 sentiment towards emerging markets, and Russia in particular, seems to be turning more positive after EM bonds funds had their second best week on record in terms of inflows, and equities also attracted new money.
Russia’s inflation ended 2018 above the Central Bank of Russia (CBR) target of 4% as prices surged at the very end of the year. Inflation ended 2018 at 4.3%, jumping from 3.4% in November. However, inflation should end 2019 at 4.7%
Imports increased faster than exports for the fifth year in a row, driven by fiscal stimulus that surfaced in households’ superior incomes.
Industrial output in Slovakia increased by 3.1% year-on-year in December 2018, affected by a 4.1% increase in industrial manufacturing, and a 1% decrease in supplies of electricity, gas, steam and air-conditioning, the Slovak Statistics Office report
Belarus' gold and foreign currency reserves totalled $7,017.7mn as of 1 February 2019, if calculated in accordance with methods of the International Monetary Fund, according to the preliminary data from the National Bank of the Republic of Belarus