Central Europe / Data

Polish factories remain in downturn mode in September

Wojciech Kosc in Warsaw October 4, 2022

Poland's Purchasing Managers' Index improved 2.1 points to 43 in September but still lingered below the 50-point mark separating contraction from growth.

Poland’s inflation unrestrained in September at 17.2%, flash estimate shows

Wojciech Kosc in Warsaw October 3, 2022

The flash estimate will present the National Bank of Poland with the dilemma of whether to tighten monetary policy further at a time when the economy is already slowing markedly.

Polish industrial production shows surprise growth of 10.9% in August

Wojciech Kosc in Warsaw September 21, 2022

Demand is still poised to weaken in line with the overall economic slowdown.

Poland’s core inflation picks up growth rate to 9.9% y/y in August

Wojciech Kosc in Warsaw September 19, 2022

In m/m terms, core inflation grew 0.8% in August versus 0.6% m/m in July.

Poland’s inflation growth confirmed at 16.1% y/y in August

Wojciech Kosc in Warsaw September 16, 2022

Another inflation surge will come in early 2023 after new prices of electricity and heat will have taken effect.

Slovenia’s IMAD upgrades 2022 GDP growth projection to 5%, lowers forecast for 2023

bne IntelliNews September 15, 2022

The projection for 2022 was upgraded mainly due to higher growth in private consumption and the high contribution of inventory changes in the first half of the year.

Hungary’s automotive industry shifts to higher gear in July

bne IntelliNews September 15, 2022

Industrial production growth confirmed at 4%, and 6.6% according to workday-adjusted figures.

Hungarian inflation jumps to 24-year high in August

bne IntelliNews September 9, 2022

Hungary’s annualised CPI accelerated to 15.6% from 13.7% in July.

Hungary’s industry shows resiliency in July

bne IntelliNews September 8, 2022

The output of Hungary's industrial sector rose 4.0% y/y in July, picking up from a 1.5% increase in the previous month.

Retail sales growth slows in Hungary as food inflation surges to 30%

bne IntelliNews September 6, 2022

Adjusted for calendar year effects, retail sales increased by 4.3% y/y and 0.5% m/m.

Slovenia expects solid but slightly lower GDP growth in H2

bne IntelliNews September 5, 2022

Ukraine war and sanctions to slow down Southeast Europe's fastest-growing economy.

Polish manufacturers go deeper in recession mode in August as PMI sinks to 27-month low

Wojciech Kosc in Warsaw September 1, 2022

Poland's Purchasing Managers' Index dropped 1.2 points to 40.9 in August, the fourth time in a row when the index fell below the 50-point mark.

Poland’s inflation shocks with 16.1% y/y rate in August

Wojciech Kosc in Warsaw September 1, 2022

The August flash reading makes yet another hike of the central bank’s reference interest rate more likely next week.

Slovenia’s annual inflation stays flat at 11% in August

bne IntelliNews August 31, 2022

Annual inflation in August was influenced the most by higher prices of fuels, electricity and food.

Romanians least likely in the EU to read news online

bne IntelliNews August 24, 2022

Across the EU 72% of EU internet users aged 16-74 read online news sites, newspapers or news magazines, but only 59% of Romanians read news online.

Polish shoppers’ reluctance to spend deepens in July as inflation bites

Wojciech Kosc in Warsaw August 22, 2022

Polish retail sales grew 2% y/y at constant prices in July, the growth rate slowing down further from 3.2% y/y the preceding month.

Latvian unemployment rate at 6.6% in 2Q

Linas Jegelevicius in Vilnius August 18, 2022

Latvia’s unemployment rate fell slightly to 6.6% in 2Q of 2022, the Labour Force Survey published on August 16 by the country’s Central Statistical Bureau shows.

Polish economy in much sharper downturn than expected, Q2 GDP data show

Wojciech Kosc in Warsaw August 18, 2022

Polish GDP expansion slowed down to a seasonally adjusted 4.5% y/y in the second quarter after expanding 9.2% y/y in the preceding three months.

Hungary’s economy pulls off robust growth in Q2, but outlook clouded

bne IntelliNews August 18, 2022

Hungary’s economy expanded 6.5% y/y in Q2, according to both adjusted and raw data, slowing down from 8.2% in the previous quarter.

Emerging Europe governments paying parents to have babies to stem population decline

bne IntelliNews August 17, 2022

Governments in several counties across Emerging Europe have launched pro-natal policies where parents receive financial benefits and tax breaks for having more babies.

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