Household loans drive overall increase in lending, but concerns over high NPL level and asset quality.
A Levada Center survey conducted in January found that 78% of Russians believe the country is in an economic crisis, an increase from 74% in September.
Dip in final quarter of 2016, as slump in mortgage lending drags down retail lending figures.
A wave of Russian IPOs could be gathering momentum out to sea after toy store Detsky Mir led the way earlier this month. A total of some $1.9bn worth of securities have been issued in about three months.
Turkish households’ general economic situation expectations have weakened with the sub-index declining by 0.3% m/m. Respondents expect unemployment to rise over the next 12 months.
Russian trade barriers take toll on sector despite hike in production of clothing and textiles.
Russia the preferred political partner of ethnic Macedonians frustrated by stalled EU accession process.
The result suggests consumption remains in rude health – backed by fast-growing wages - and can continue to drive economic expansion in early 2017.
Two extra working days in January had an effect, and seasonally adjusted the reading drops to 4.1%, and even -0.2% m/m, but the result still shows decent momentum at the start of the year.
The November 2016 figure is the highest unemployment rate since March 2010, reflecting the impact of slower economic growth and weak investment appetite.
Hungary’s economy grew just 1.6% in the fourth quarter of 2016, according to unadjusted preliminary data, statistics office KSH reported on February 14.
Turkey's current account shortfall, the economy’s Achilles’ heel, was $32.6bn last year versus $32.1bn in 2015. The government’s current account deficit forecast for 2017 is $32bn or 4.2% of GDP.
The struggle of the carmaking sector to stabilize output remains the main culprit for the continued poor performance of Hungarian industry, data for December released by statistics office KSH on February 14 confirmed.
Hungary’s CPI increased by 2.3% in January from 1.8% the previous month, data from statistics office KSH showed on January 13. The rise was largely in line with market expectations.
With price growth picking up speed on December’s growth of 2.2% y/y, January was the seventh successive month of rising CPI.
Russia will be the biggest economy in Europe by 2050, consulants PwC said in a report on February 7 in its latest instalment of “The Long View: How will the global economic order change by 2050.”
Estonia's consumer price index (CPI) grew 2.7% in annual terms in January, data from Statistics Estonia showed on February 7. The reading shows price growth in the first month of 2017 was at its highest since August 2013.
Following a return - even if feeble - to growth in November, Hungarian industry slumped back into decline in December, statistics office KSH reported on February 7.
The disinflation trend in Russia continues steadily after CPI was curbed to 5.4% in 2016.
Hungary’s retail sales growth slowed in October to 2.6% y/y according to raw data and to 3.2% adjusted for calendar effects, a report released by statistics office KSH on February 3 shows.
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