Migrant flow to Western Balkans intensifies in 2018

bne IntelliNews June 10, 2018

A new migrant route to the EU has opened up in the Balkans since the closure of the main route across the region in 2016.

Slovenia’s industrial production up 6.9% y/y in April

bne IntelliNews June 8, 2018

Industrial production growth has accelerated in recent years and the trend is expected to continue in 2018.

Italians lead the tourist charge to Slovenia

bne IntelliNews June 8, 2018

Over 100,000 Italians arrived in neighbouring Slovenia in April amid a steady rise in the numbers visiting the Adriatic country.

Turkey’s cash surplus expands 280% y/y in May

bne IntelliNews June 8, 2018

Primary cash surplus grows by 204% y/y.

Macedonia’s economy edges up 0.1% in Q1

bne IntelliNews June 7, 2018

Growth was slim mainly due to the extremely poor performance of the construction sector, which was one of the main drivers of the economy until 2017.

Ukraine's foreign reserves decline by 1.6% m/m in May

bne IntelliNews June 7, 2018

Ukraine's foreign exchange reserves declined by 1.6% month-on-month to $18.12bn in May, according to the National Bank of Ukraine (NBU).

Russia's inflation stable in May despite pressure from spiking fuel prices

bne IntelliNews June 7, 2018

Russia’s inflation shrugged off spiking fuel prices to turn in another month of low and stable inflation. Russia's consumer price inflation came in at 0.4% month-on-month in May, flat compared to April, with year-on-year inflation remaining at 2.4%

World Bank expects robust growth in the Caucasus through 2020

bne IntelliNews June 7, 2018

Latest forecasts include upward revisions for all three states, with the most comprehensive changes for Azerbaijan, which is recovering from a contraction caused by low oil prices.

Electricity prices increase for Slovenian households, companies in Q1

bne IntelliNews June 6, 2018

Rising electricity prices have contributed to the gradual rise in consumer prices in Slovenia recently.

Net short FX position of non-financial Turkish firms expands 12% y/y to $222bn in March

bne IntelliNews June 5, 2018

Gap between assets and liabilities evokes warnings of possible emerging market currency-and-debt crisis.

Russian services business activity growth remains strong in May

bne IntelliNews June 5, 2018

The IHS Markit Russia Services Business Index posted a healthy 54.1 in May that held up the overall composite index which printed 53.4, but both numbers slid a little, down from 55.5 and 54.9 in April respectively.

Turkish lira dips to record low in real terms in May, rate hike expectations vary

bne IntelliNews June 5, 2018

Opinion split on whether MPC will introduce another rate hike on top of the May 23 emergency hike.

CBR says Russia's banking sector clean up nearly over

bne IntelliNews June 5, 2018

The number of banks has fallen to 534 down from over 1,000 when Elvira Nabiullina took over as central bank governor.

Albania's producer prices up 1% y/y in Q1

bne IntelliNews June 5, 2018

The growth of PPI slowed down in Q1 as prices in the key manufacturing sector fell both in yearly and monthly terms.

Czech PMI drops to eight-month low in May

bne IntelliNews June 5, 2018

Romania’s forex reserves further ease in May despite low debt service

bne IntelliNews June 5, 2018

The development is negative in the context of Romania's rising imports and widening external deficits.

Yields on Moldova’s bonds bottom out in May

bne IntelliNews June 5, 2018

Gradual disinflation helped ease yields to the lowest levels in three years.

Annual growth in Turkey’s foreign trade gap slows sharply to 5% in May

bne IntelliNews June 4, 2018

Data may point to a desired economic adjustment caused by the stark decline of the Turkish lira.

Annual contraction in Turkey's vehicle sales quickens to 15% in May

bne IntelliNews June 4, 2018

The Jan-May period saw a fall of 5% with light commercial vehicles experiencing a 13% y/y decline.

Residential real estate prices in Armenia declined in 2017

bne IntelliNews June 4, 2018

Prices for apartments were down across the country, except in downtown Yerevan, says a new central bank report.