Data release comes as the lira goes back on the retreat against the dollar. Sentiment sours as the White House threatens more sanctions in the pastor Brunson affair.
That's the lowest figure recorded since November last year.
Croatia's consumer prices rose 2.1% y/y in July, slowing from the 2.4% annual rise in the previous month, data from the statistics office showed on August 17.
Ukraine’s goods trade deficit declined 4.0% m/m to $599mn in June from $623mn in May, the State Statistics Service stated in its preliminary report released on August 14. That puts Ukraine on course to end the year with a $7bn trade deficit.
Russia’s industrial production improved in July, rising to 3.9% y/y after taking a hit a month earlier when it fell back to 2.2% in June, Rosstat reported on August 15.
Reading provides further justification for Poland's rate-setters not to change their dovish outlook.
Situation for property owners may be set to worsen further with Turkey's currency crisis set to push CPI to around 20% in coming months say analysts.
With the jury out on whether Turkey's currency crisis will morph into a debt crisis, data shows public sector facing repayments of around $32bn and the private sector $146bn.
The annual growth rate strengthened marginally to 4.1% y/y from 4.0% in Q1. The 5.5% y/y target for the overall 2018 growth rate inked by the state forecasting body and used by the government in the first budget revision now seem unrealistic.
Construction industry has already started showing signs of a slowdown ahead of expected monetary and fiscal tightening amid Turkey's financial crisis.
Joblessness among youth rises sharply from 16.9% to 17.8%.
Shortfall is likely to widen due to economic weakness and, probably, a modest loosening of fiscal policy, say analysts.
In the topsy turvy world of Russian business it is perhaps no surprise that a state-owned bank is the biggest in the country, Russia’s most valuable company, highest profile financial institution — and now most valuable brand.
Ukraine's GDP grew by 3.6% year-on-year in April-June, following a 3.1% y/y growth in January-March, the Ukrstat state statistics service reported on August 14.
Czechia’s economic growth decelerated to 2.3% year-on-year in the second quarter of 2018 from 4.2% growth in the first quarter as the economy runs up against its structural limits, the Czech Statistics Office (CSU) said on August 14. The main reason
Almost half the population of the CEE region were glued to their tellies watching the FIFA World Cup between June 14 and July 15 this year. The Russian game against Croatia attracted the biggest TV audience in 20 years.
The reading sees inflation maintain the growth rate seen in June.
Colliers International warns of limitations to GDP growth and a threat of recession if the labour force squeeze caused by low unemployment and high emigration continues.
Russia’s GDP expanded by 1.8% in the second quarter, a bit weaker than analysts were expecting but up from 1.3% in the first quarter and continuing in the right direction, economists said on August 12.
Slovak industrial production increased by 2.1% y/y in June and when seasonally adjusted, industrial output remained unchanged m/m, data published by the Slovak Statistics Office (SU SR) on August 10 show.