Spa and mountain resorts draw tourists to Slovenia

bne IntelliNews April 25, 2017

Ljubljana aims to further boost tourist numbers and is hoping to benefit from the "Melania Trump effect" given its status as the US first lady's home country.

Montenegro registers sharp fall in industrial production

Denitsa Koseva in Sofia April 25, 2017

Poor performance of manufacturing and utilities sectors drags down industrial output by 17.4% y/y in March, despite increase in mining output.

Russia, CEE hike military spending as tensions rise

Clare Nuttall in Bucharest April 25, 2017

Worsening relations between Russia and the West, plus pressure to meet Nato defence spending commitments, push up expenditure in Eastern Europe.

Croatia’s budget deficit shrinks to 15-year low

Akin Nazli in Belgrade April 25, 2017

Croatian deficit reduced to just 0.8% of GDP in 2016 due to healthy economic growth and better tax collection.

Lithuanian industrial production growth slows again in March

bne IntelliNews April 21, 2017

The reading is below the gain of 5.8% registered in February, as well as the 8.4% expansion from January, but still shows that growth remains solid.

Russian overseas property investment more than halves since 2014

Tranio April 21, 2017

While Russian citizens annually invested over $2bn in 2013-2014, the silent crisis of 2015 caused investments to halve before reaching $870mn last year.

Russia's Sberbank cuts mortgage rate to below 9% for selected developers

bne IntelliNews April 21, 2017

State lender indicates that there will be more than 200 participating companies across Russia.

Moscow’s Watcom shopping index negative trends stabilising, but still underperforming

Ben Aris in Berlin April 21, 2017

Disappointing negative trends in retail in Russia’s capital continued in the first quarter of this year, but have started to stabilise, according to the Watcom shopping index, preceding a recovery later this year.

Polish industrial and construction output surge in March

bne IntelliNews April 20, 2017

The data suggest the Polish economy boomed in the first quarter of the year.

Polish retail sales rebound in March

bne IntelliNews April 20, 2017

Strong growth in the third month of the year shows that consumption, pushed by the tightening labour market, continues to be a major driver of economic growth at the start of the year.

FDI continues rapid rise in Romania

Iulian Ernst in Bucharest April 18, 2017

FDI at post-crisis peak driven by investments in manufacturing, real estate and healthcare.

Slovak inflation steps back in March

bne IntelliNews April 14, 2017

Slovak inflation slowed to 1% y/y in March, a drop of 0.2pp compared with February.

Russia’s private sector capital outflow in January-March hit $15.4bn

bne IntelliNews April 13, 2017

Private sector capital outflow in the first quarter of 2017 stood at $15.4bn, almost double than in the same period of 2016. The quarter’s figure is already close to the central bank’s $16bn estimate for the full year.

Russia’s current account surplus jumps to $23bn in January-March

bne IntelliNews April 13, 2017

Russia’s balance of payments statistics for the first quarter of 2017 exceeded expectations with the surplus jumping to $22.8bn, according to a central bank data release.

Romania’s consumer prices up 0.2% y/y in March

bne IntelliNews April 12, 2017

Romanian consumer prices edged up 0.1% m/m in March after the 0.1% m/m decline in February, but the annual rise remained constant from last month at 0.2% y/y.

Slovakia’s industrial recovery fizzles out in February

bne IntelliNews April 11, 2017

The slowdown to 2.6% output growth suggests a worrying return to sluggishness early in the year.

Turkey’s February current account deficit widens 29% y/y to $2.53bn

bne IntelliNews April 11, 2017

Turkey’s current account deficit expanded by 29% y/y to $2.53bn in February.

Latvian CPI growth accelerates to 3.4% y/y in March

bne IntelliNews April 10, 2017

The reading marks the ninth successive month of positive inflation.

Czech inflation rise continues in March but with slowing momentum

bne IntelliNews April 10, 2017

Czech inflation was strong again in March, rising to 2.6% y/y, but was flat m/m.

Turkish industrial output up for fifth consecutive month in Feb, but momentum lost

bne IntelliNews April 10, 2017

Turkey’s calendar-adjusted industrial production index increased by 1% y/y in February, marking the fifth consecutive rise. However, the rate of growth in the country’s industrial output slowed from the 2.6% y/y rise recorded in January.

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