Lithuanian retail sales grew an unadjusted 3.8% y/y in April, data released by Statistics Lithuania on May 26 showed.
Turkey’s economic confidence index rose for the fourth straight month in May. Driven once more by better consumer sentiment and business sentiment in services, retail and construction, it signalled optimism.
Loan growth at a still rapid 10.8% as IMF says banking sector profitable and in good health.
The Macedonian central bank has cut its projections for the growth of the country’s economy for 2017 and 2018.
Across January-April, home sales in Turkey grew 7% y/y to 440,226 units. Property sales to foreigners were down 5% y/y to 5,894 units.
Croatia sold HRK400mn (€54mn) worth of kuna-denominated and also €20mn worth of euro-denominated 364-day bills at an auction on May 23.
Croatia’s average net monthly wages rose by 2.17% m/m and 5.24% y/y in nominal terms to HRK6,022 (€811) in March.
The capacity utilisation rate (CUR) of the Turkish manufacturing sector rose to 78.8% in May, the highest figure recorded since August 2013.
Turkey’s business confidence index slightly deteriorated in May, mainly due to a 15% m/m decline registered in the sub-index that measures export orders for the next three months.
Croatia's registered unemployment rate declined for the third consecutive month to 13.2% in April, the lowest level registered since September’s 13.1%.
The floor area tied to construction permits granted by Turkish municipalities fell 17% y/y to 45mn m2 in Q1. The total estimated value of the buildings declined 4% y/y to TRY46bn (€11bn).
Seasonally-adjusted business sentiment in the Turkish service, retail and construction industries improved in May.
Turkey's central government gross debt stock increased 16% y/y to stand at TRY795bn (€198bn) as of the end of April.
Lithuanian industrial production growth slowed in April to 4% y/y on an adjusted basis, according to data from Statistics Lithuania released on May 22.
Polish industrial production surprised to the downside in April, contracting 0.6% y/y as calendar effects took their toll, data from statistical office GUS showed on May 19.
Oil was the key factor in Russia’s budget income and since prices collapsed in late 2014 the non-oil component is more important. Oil's share remains about half of GDP but the non-oil deficit is still too high.
Turkish consumers seem quite willing to spend on goods apart from big ticket items despite strong potential regional and domestic instability. The consumer confidence index has been on the rise since February.
Residents of Bosnia, Macedonia and Serbia most likely to think the breakup of Yugoslavia harmed their country, poll shows.
Turkey’s Q1 short-term external debt stock rises 4% q/q to $102bn.
Czech GDP growth accelerated above expectations to 2.9% y/y in the first quarter, according to a preliminary estimate published by statistics office CZSO.
Register for free to read bne IntelliNews Magazine. You'll receive a free digital subscription.
Already a subscriber or registered - click here to recover access.
If you a IntelliNews Pro user - click here to login.
Thank you. Please complete your registration by confirming your email address.
A confirmation email has been sent to the email address you provided.
IntelliNews Pro offers daily news updates delivered to your inbox and in-depth data reports.
Get the emerging markets newswire that financial professionals trust.
"No day starts for my team without IntelliNews Pro" — UBS
Thank-you for requesting an IntelliNews Pro trial. Our team will be in contact with you shortly.