Hungarian retail sales increased 4.3% y/y in August, data from statistics office KSH showed on October 25. The reading confirms a preliminary estimate released earlier this month, which offered a somewhat mixed message.
Unemployment rate flat in September after 7-month decline, remains among highest in EU.
Polish industrial production expanded 3.2% y/y in September, data from statistical office GUS showed on October 19. The reading reveals a considerable slowdown from the 7.5% expansion in August.
Hungary’s construction output trimmed its fall to 9% y/y in August. The result marked the eighth month of decrease in a row, but also added to signs that the free fall is set to slow.
Debt pushed up to over 80% of GDP by pre-crisis borrowing and 2013 bank bailout now gradually declining.
A rebound of the vital carmaking sector helped Hungary’s industrial output return to growth in August following two months of decline.
Central bank cut 2016 and 2017 inflation projections in August, as annual inflation set to remain negative until end-2016.
Bad loans ratio on downward trend since 2013 bank bail-in, falls further as lender NLB offloads NPL bundles.
Polish extended its slow journey towards an escape from deflation in September as the CPI limited its drop to 0.5%. The result supports the widely-held view that deflation is now genuinely weakening.
Hungary’s CPI swung back to positive territory in September following four months of deflation in a row. The rise pushes hopes of a significant recovery in the headline data.
Latvia's consumer price index (CPI) expanded 0.6% y/y in September, data released by the Central Statistical Bureau (CSB) on October 10 showed.
The Lithuanian consumer price index (CPI) grew 0.8% y/y in September, retaining the same pace of expansion as the previous month, data released by Statistics Lithuania on October 10 showed.
Rising confidence and higher inflows of foreign direct investments push up consumption and private investments.
Following two months of decline, Hungarian industry returned to growth in August, increasing 11.1% y/y in unadjusted terms, compared to a drop of 4.7% y/y in July, statistics office KSH reported on October 7.
The outlines of Russia’s next three-year budget are emerging: The 2017-2019 budget will impose austerity on the government, but pave the way for the 2018 presidential elections. Defence spending will fall, social spending will rise.
Czech industrial production swung to an increase of 13.1% y/y in August following July’s steep decline of 14.1% y/y, data from the statistics office showed on October 7.
Estonia's consumer price index (CPI) expanded 1% in annual terms in September, data from Statistics Estonia showed on October 7. As in the previous month, new excise duties on alcohol and tobacco contributed.
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