Serbia’s central bank boosts gold reserves to more than 50 tonnes

Serbia has been among the most active gold buyers in Europe in recent years.

Romania’s public debt hits 56.1% of GDP at end-March

Romania’s public debt rose by €7bn during Q1 2025, mainly due to the FX bonds issued in January and February.

Gas flowing from Iran to Turkey without interruption, says minister

Fifth of Turkey's oil imports pass Strait of Hormuz. Ankara confident it could replace these shipments if passage was disrupted amid conflict.

Pakistan holds key interest rate at 11% amid oil price risks

Pakistan’s central bank has kept the interest rate unchanged at 11%, citing fresh inflationary risks due to volatile global oil prices and regional geopolitical tensions.

Belarus inflation exceeds official targets as May rate hits 7.1%

Consumer prices in Belarus rose 0.7% in May, pushing annual inflation to 7.1%, according to data published by the National Statistical Committee, Belstat, on June 10. The latest figures show inflation outpacing government targets and accelerating fro

Who hold the most gold reserves?

In 2025, gold prices reached unprecedented levels, with spot gold trading at above $3,932 per troy ounce as of May 7th, an increase of over 83% within just a year.

Number of recorded disasters up 50-fold since 1970 – OWID

Tracking the occurrence of natural disasters can save lives by helping countries prepare for future ones, Our World in Data (OWID) reports.

Polish core inflation eases growth to 3.3% y/y in May

Poland’s core inflation, an indicator that measures price growth without including prices of food and energy, eased growth to 3.3% year on year in May after a gain of 3.4% y/y the preceding month.

Russia’s inflation at 9.9% in May

Russia’s consumer price inflation in May 2025 stood at 0.4% month on month and 9.9% year on year, according to the latest data from RosStat statistics agency.

Russia’s growth model is exhausted, says Oreshkin

Russia’s current economic model has exhausted its capacity to drive growth and must be restructured to ensure future development, said Maxim Oreshkin, economic adviser to President Vladimir Putin.

Real appreciation of Romanian leu inflates nominal GDP and fuels external deficits

182% increase in nominal GDP since 2009 significantly overstates the country’s real economic progress, according to bne IntelliNews calculations.

Polish CPI growth nears central bank’s target after growing 4% y/y in May

Poland’s consumer price index rose 4% year on year in May, easing from 4.3% y/y the preceding month, data published by the national statistics office GUS on June 13 showed.

Hungary’s battery sector remains in deep recession

Global overcapacity, cooling demand and domestic operational setbacks are weighing on EV battery production.

Slovak inflation spikes to 4.1% y/y in May, highest since 2023

Consumer price indices in Slovakia increased by 4.1% year on year in May, the highest value since December, and returned to an accelerating trajectory after easing in April to 3.7% y/y.

World Bank cuts Cambodia’s GDP growth forecast to 4% for 2025

The World Bank joins other international financial institutions that have revised their outlook for Cambodia. Just last December, it had forecast 5.5% growth for both 2025 and 2026

Hungary’s headline inflation edges up despite cap on profit margins

Hungary’s annual inflation rate accelerated to 4.4% (chart) in May from 4.2% in April, slightly exceeding market expectations, despite the cap on profit margins on food and household items. Consumer prices rose by 0.2% month on month.

Slovak industry returns to decline of 0.4% y/y in April

Romania’s trade deficit hits 10% of GDP

Deficit at €35.7bn in the 12 months to April after a 21.3% year-on-year increase.

Serbia’s central bank sees inflation easing to 3% by year-end

Headline inflation is currently at 3.8%, while core inflation has declined from 5% to 4.6%.

Czech statisticians refine May inflation to 2.4% y/y

This is slower than the 2.8% y/y flash estimate released last week, but still a 0.6 percentage point acceleration on the 1.8% y/y April easing.