Ukraine industrial output inches up 0.4% y/y in October

bne IntelliNews November 24, 2017

Ukraine's industrial production increased by 0.4% year-on-year in October following a 0.3% y/y decline in September, the state statistics service Ukrstat reported on November 22.

Albania reports 3.2% HICP inflation in October

bne IntelliNews November 24, 2017

Albanian inflation outstrips all but two countries in EU28.

SEE economies lag behind on attracting FDI

bne IntelliNews November 22, 2017

Only Albania and Serbia have attracted a significant increase in foreign investment compared to 2010, according to UNCTAD.

Lithuanian industrial production growth slows down to 3.6% y/y in October

bne IntelliNews November 21, 2017

The expansion in October marks the 14th straight month of growth, although the annual expansion in the tenth month was the slowest since November 2016.

Romania’s banks report €300mn profits in Q3

bne IntelliNews November 21, 2017

Banks have posted robust profits for the last three years, and balance sheets have improved as banks gradually settle their bad loan issues.

Polish industrial production growth jumps to 9.7% y/y in October

bne IntelliNews November 20, 2017

The strong industrial production growth is a harbinger of another quarter of fast economic growth in October-December.

Polish retail sales growth weakens slightly in October

bne IntelliNews November 20, 2017

Polish retail sales grew 7.1% y/y in constant prices in October, compared to 7.5% in September.

Textiles and footwear sector drives hike in Albanian exports

bne IntelliNews November 20, 2017

Albania’s exports grew by a robust 14.2% y/y in October, but still remain less than half of imports.

Russia’s banking sector recovers after a catastrophic summer and is back in profit – just

Ben Aris in Berlin November 19, 2017

Russian banks earned an aggregate profit of just RUB18bn ($300mn) in the first 10 months.

Belarus' industrial output increases 8.1% y/y

bne IntelliNews November 19, 2017

The revival of the Russian economy has spilled over to carry Belarus’s economy forward this year faster than expectations at the start of the year.

Russian industrial output stalls in October

bne IntelliNews November 17, 2017

Industrial output in Russia failed to show growth for the first time since March, slipping by 0.1% in month-on-month seasonally adjusted terms.

Employment back to pre-crisis levels in Western Balkans

Denitsa Koseva in Sofia November 16, 2017

Unemployment is still "staggeringly high" in the region and one of its governments' main policy challenges despite the creation of 230,000 new jobs this year, World Bank says.

Russia's Watcom Shopping index falls hard in October

bne IntelliNews November 16, 2017

The school shopping bump that lifted the Watcom Shopping index at the end of summer has worn off and the index has fallen back heavily in the last few weeks.

Romania’s FDI surges by 37% in Q3, strengthening domestic demand

Iulian Ernst in Bucharest November 16, 2017

Rise in FDI was driven by inter-company lending, while "genuine" FDI by new investors was smaller.

Sberbank’s Ivanov Consumer Confidence Tracker rising but still negative

bne IntelliNews November 16, 2017

Consumer confidence improved to -12% in the third quarter compared to -15% in Q2.

Ukraine reports 2.1% y/y GDP growth in July-September

bne IntelliNews November 15, 2017

Ukraine's real GDP grew 2.1% year-on-year in July-September, the Ukrstat state statistics agency in Kyiv reported on November 14.

Moldova’s industry gains momentum after two-year stagnation

Iulian Ernst in Bucharest November 15, 2017

Revival spurred by resolution of banking sector problems, successful reduction of inflation and recent political stabilisation.

Polish GDP growth accelerates to 5% y/y in Q3

bne IntelliNews November 14, 2017

Central European region benefits from strong private demand, recovering investment, and robust activity in the Eurozone.

GDP growth in Russia disappointingly slows

bne IntelliNews November 14, 2017

Russia's GDP disappointed on the down side as the July-September numbers came in well below the government expectation at 1.2%, making the annual GDP growth amount to 1.8%.

Romania reports stunning 8.8% GDP growth in Q3

Iulian Ernst in Bucharest November 14, 2017

Economy expanded by 8.8% y/y in Q3, most likely driven by the services sector fuelled by the robust domestic demand for consumption.