Ukraine’s recovery from the deep recession of 2015 remains very fragile and there is no sign industrial momentum is building up.
Latvia's PPI grew 3.3% y/y in August but fell 0.3pp versus the July reading.
Deposit growth speeds up to 10.9% in August, driven by robust rise in corporate deposits.
Russian consumer statistics continue to improve with incomes up, unemployment down. The steady, if unspectacular, economic recovery in Russia is starting to reach down to the street. Retail sales grew by an unexpectedly strong 1.9% in August.
The National Bank of Ukraine (NBU) believes that economic growth in 2017 could exceed the regulator's July forecast of 1.6% year-on-year growth, the central bank said in its statement published on September 20.
The number of registered unemployed people in Bosnia & Herzegovina decreased by 6.2% y/y at the end of July, as the IMF urges Sarajevo to accelerate critical reforms in order to achieve more sustainable growth and bring down unemployment.
Slovak unemployment continued to fall in August, edging down to 6.54% compared to 6.70% in July, according to data released by the Slovak social affairs ministry. On a year-on-year basis unemployment fell 2.89 percentage points.
Private consumption, fuelled by the tightening labour market, continues to be a major driver of economic growth.
Seasonally adjusted industrial production grew 8.1% y/y in August,
Survey reveals that West Europeans are significantly more politically active than their peers to the east.
Russia went back to school on September 1 and the Watcom Shopping index jumped to nearly 500 as families stocked up on pens and rulers, breaking the long run of misery earlier in this year.
Gross fixed capital formation kept rising at a robust rate, but exports lost momentum, growing at a slower rate than imports in Q2.
Rising prices of food, housing, alcohol and tobacco push Bulgaria's CPI higher in August.
The Central Bank of Russia resumed its monetary easing cycle after skipping a cut at the last meeting due to a food price shock and cut the key interest rate by 50bp to 8.5% at the key policy meeting of September 15, the regulator said in a closely w
The National Bank of Ukraine (NBU) has left its key policy rate unchanged at 12.5% due to the need "to return inflation to the target path", the regulator said in a statement published on September 14.
Azerbaijan’s economy will shrink by 1% this year, according to the latest IMF forecast, but will return to growth next year with a 2% expansion, the fund predicts.
Just 23% of Bosnians have confidence in the parliament - the least trusted institution in the country - reveals a new survey that shows an alarmingly low level of trust in all public institutions.
Registrations driven by strengthening European economies and the availability of newly introduced models that made inroads with consumers such as SUVs and hatchbacks from France’s Renault and Peugeot.
The profit of Russian banks in January-August 2017 reached RUB997bn ($17.3bn), according to Central Bank of Russia (CBR) -- more than they earned in all of 2016.
The Central Bank of Russia is widely expected to resume the monetary easing cycle and cut the key interest rate by 50bp to 8.5% at the upcoming policy meeting of September 15.