Russia’s Services Purchasing Managers’ Index (PMI) continues to outperform rising to 56.5 in February from 55.1 in January, IHS Markit said
Exports grew 9% y/y but imports rose at the faster pace of 20% y/y.
Across January-February, however, vehicle sales declined by 0.25% y/y.
Latest data also show total outflows from Istanbul stock exchange amounts to $181mn since the year got under way.
Russia’s manufacturing PMI index barely budged in February, posting a 50.2 score, only just above the 50 no-change mark.
The National Bank of Ukraine (NBU) will increase its key policy rate by 1 percentage point (pp) to 17% from March 2, which is the fourth consecutive increase in the key police rate.
Figure for the month almost exactly the same as that recorded for January, which was the best seen since March 2011.
Latest data from several sources points to big return of Russians and Germans to Turkey which has not experienced a major terrorist attack in more than a year.
Latest data underscores fears of an overheating economy while rapid growth in gold and precious stones imports perhaps points to Turks being worried about the future.
Russia’s state-owned banking behemoth has become the second biggest bank in Europe by market capitalisation after overtaking Spain's Banco Santander.
Though sentiment is still in positive territory, the indicator is back on a downward trend following a brief growth in optimism in January.
Figures from Automotive Manufacturers’ Association also show country's vehicle sales declined by 2.8% to 983,720 units in 2017.
Retail lending appeared immune to the expected deterioration of terms on the credit market as it expanded by 14.0% y/y at the end of January.
Growing utility and social costs in Russia have caused an alarming increase in the number of poor Russians driven into debt and arrears have sextupled in the last three years to $11bn.
Russian government tightens the use of National Welfare fund use for financing infrastructure projects. The Russian government will only allow reserve funds held in the National Welfare Fund (NWF) when the liquid part of the fund is bigger than 7%
Moldova's industrial production index increased by 3.5% y/y on average in 2017, accelerating to 5.7% in Q4 when the food industry and textiles production gained momentum.
Romania’s banking system has the potential to continue the expansion seen in 2015-2017, but the rising interest rate is a serious challenge.
Russia’s industrial output performed better than expected in January, rising 2.9% y/y after contracting in both November and December, Rosstat said on February 16.
Despite stellar growth, investors are nervous about the lack of regulatory predictability in particular on fiscal policy, which will keep FDI volumes from rising in future.
Poland's consumer price index expanded 1.9% y/y in January, shedding 0.2pp compared to the annual growth rate seen in the preceding month.