Data
Polish manufacturers anticipate recovery as PMI’s growth well beats consensus in February
Poland's Purchasing Managers' Index rose 0.8 points to 47.9 in February, the economic intelligence company S&P Global said on March 1.
Russia’s manufacturing PMI surged in February to post 54.7, its best performance in 13 years
Russia’s manufacturing PMI surged in February to post 54.7, up from 52.4 in January, putting in its biggest gains in 13 years, S&P Global reported on March 1.
Polish GDP grows 1.7% y/y in Q4
Investment held up well, growing 8.7% y/y, adding 1.5pp compared to the preceding quarter.
Turkey posts 2023 GDP of 4.5% as finance minister Simsek markets his “middle ground”
In the battle to trigger hot money inflows, the current course means the delivery of a positive real rate will only occur in the second half.
Annual inflation in Russia remains flat at 7.58% at the end of February
Russia's inflation rate accelerated slightly in the week from February 20 to 26, inching up to 7.58% from 7.57% the previous week, according to the Ministry of Economic Development's latest data.
Russia posts accelerated 4.6% GDP growth in January
Russia's economic growth accelerated in January 2024, expanding by 4.6% y/y, up from a 4.4% increase in December, according to the Russian Ministry of Economic Development.
Russia's industrial production up 4.6% in January
Russia's industrial production accelerated in January to 4.6% y/y, the highest in three months and up from 2.7% in December, Rosstat reported on February 29.
Three of seven Hungarian regions among 20 poorest in EU
The four poorest Hungarian regions (Southern Great Plain, Northern Great Plain, Northern Hungary and Southern Transdanubia) had per capita GDP of between 50-55% of the EU average.
Central Bank of Iran defends exchange rate policy as rial spirals
The Central Bank has responded to criticisms regarding its decision last month to permit banks to sell certificates of deposits with a 30% interest rate.
Commercial real estate investment dropped by 55% in Central Europe in 2023, says Cushman & Wakefield
The highest proportion of the capital went into the office sector, although its share dropped from 41% in 2022 to 32% in 2023 because of the increasing trend towards remote work.
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Kazakh central bank cuts key policy rate after inflation declines to 9.5% in January
Reduction of 50 bp takes benchmark to 14.75%.
Turkey hits brake on monetary tightening, policy rate left unchanged at 45%
Benchmark will be further raised should the inflation outlook flash red, says regulator.
Putin’s repressions of 116,000 people surpasses Khrushchev, Brezhnev - Proekt
Russian President Vladimir Putin’s regime has persecuted at least 116,000 in just the last six years, Russian outlet Proekt estimates in a study released on February 22 dedicated to the memory of opposition figure Alexei Navalny.
Unemployment level in Slovakia inched up to 3.97% in January
It is an increase of 0.09 percentage points compared to December and a drop of 0.47pp on January 2023.
Polish industrial production expands 1.6% y/y in January
Low economic activity among Poland’s main trading partners weigh on Polish industrial companies.
Moldova’s industrial activity shrank by 3.6% y/y in 2023
Moldova's industrial facilities had to reduce operations dramatically in the winter of 2022-23, as natural gas resources were limited and costly.
Europeans, Ukrainians increasingly at odds over prospect of victory over Russia – polls
Only one in ten of respondents in the EU believe that Ukraine can win the war against Russia, according to a new survey commissioned by the European Council on Foreign Relations (ECFR)
Polish PPI deflation deepens again in January
Poland's producer price index (PPI) declined 9% year on year in January (chart), following a revised fall of 6.9% y/y in December.
ECA50 releases its debut regional frontier equity index of the 50 largest publicly traded companies
ECA50 Plc developed its debut regional equity index of the 50 largest public companies in the frontier Europe and Central Asia (ECA) region.