Southeast Europe / Data

May brings further drop in Turkish unemployment rate

bne IntelliNews August 15, 2017

Turkey’s unemployment rate eased to 10.2% in May from 10.5% in April.

Turkey’s central budget runs TRY926mn surplus in July

bne IntelliNews August 15, 2017

Turkey’s central government budget produced a surplus of TRY926mn (€223mn)in July, up from the TRY129mn surplus recorded a year earlier.

Turkey’s June current account deficit shrinks 24% y/y

bne IntelliNews August 11, 2017

Turkey’s current account deficit declined by 24% y/y to $3.76mn in June, beating expectations as exports moved up 3% and imports declined 2%.

Migrant crisis seen raising risk of slavery across Central, Southeast Europe

bne IntelliNews August 10, 2017

Romania and Bulgaria are among five EU countries with the greatest risk of modern slavery, as the arrival of vulnerable migrant populations pushes up risk in agriculture, construction and services.

Brno top destination for tech startups in CEE/CIS

bne IntelliNews August 9, 2017

Affordability makes the Czech Republic’s second city the highest ranked location in the CEE/CIS region on Nestpick’s latest Startup Cities Index.

Turkey’s industrial production up 3.4% y/y in June

bne IntelliNews August 8, 2017

Turkey’s calendar-adjusted industrial production index moved up 3.4% y/y in June to very slightly trail May's 3.5% y/y.

Moldova’s export growth decelerates to 5% y/y in Q2

bne IntelliNews August 8, 2017

Exports slow dramatically from 31% y/y advance in Q1, which was driven by sharp increase in exports to the EU, causing trade gap to widen to €591mn.

Share of young people in Slovenia's population falls to 15.9%

bne IntelliNews August 8, 2017

Youth unemployment falls below EU average in Slovenia, as concerns over ageing population's impact on the country’s public finances, social care and pensions systems grow.

Turkey’s annual inflation falls to lowest level in 6 months, edges into single digits

bne IntelliNews August 3, 2017

Turkey's annual inflation softens to 9.79% in July from 10.9% in June, but core inflation strengthened by 0.4pp to 9.6%.

Turnover at Romanian seaside resorts doubles in five years

bne IntelliNews August 2, 2017

Romanians flock to Black Sea resorts but foreigners make up just 6% of total visitors as Romania remains last placed in the EU in terms of tourism revenues.

Turkey’s exports climb 31% y/y in July to $11.5bn

bne IntelliNews August 1, 2017

Strong sales to Russia and good automotive figures help drive up Turkey’s exports by a sharp 31.2% y/y to $11.5bn in July.

Turkey’s tourist arrivals jump 43% y/y in June

bne IntelliNews August 1, 2017

Huge influx of Russians drive improvement in Turkey's tourism industry following Ankara and Moscow's rapprochement, but rate for visiting Europeans is flat.

Romanian unemployment rate down to 5.3% m/m in June

bne IntelliNews August 1, 2017

Romania’s seasonally-adjusted ILO unemployment rate decreased by 0.6pp y/y and by 0.1pp on the month to 5.3% in June, the INS statistics office reported on July 31.

Turkish banking industry’s combined profit rises 33% y/y in H1

bne IntelliNews August 1, 2017

Turkish banks’ combined net income rose by a substantial 33% y/y to reach TRY25.35bn (€6.1bn) in H1 as the lenders proved resilient amid a less than sure economy.

Serbia’s industrial production rises 5.7% y/y in June

bne IntelliNews July 31, 2017

Belgrade is working to attract foreign investors in a bid to boost industrial production and bring down unemployment.

"Melania Trump effect" helps boost Slovenian tourism

bne IntelliNews July 31, 2017

Tourist arrivals in US first lady's home country up 22% in June, while overnight stays rise 27%.

Tourist numbers up in Montenegro but Russians stay away

bne IntelliNews July 31, 2017

The number of foreign tourists visiting Montenegro increased by 21.4% y/y to 117,407 in June, despite a 62% decline in the number of visitors from Russia as relations between the two countries deteriorated.

Turkey’s tourism revenues grow nearly 9% y/y in Q2

bne IntelliNews July 31, 2017

Turkey’s tourism revenues increased by 8.7% y/y to $5.41bn in the second quarter of the year as foreign tourists, especially Russian visitors, have started to return to the country to spend their holiday.

Turkey’s foreign trade deficit shrinks 9.1% y/y in June

bne IntelliNews July 31, 2017

Driven by soft imports, Turkey’s foreign trade deficit declined by 9.1% y/y to $6.01bn in June.

Croatia’s annual industrial production growth escalates to 4% in June

bne IntelliNews July 31, 2017

Recovery in domestic and international demand supported long-term increase in Croatian industrial production, despite recent setback from Agrokor crisis.