Central Europe / Data

Polish retail sales ease growth in April

Wojciech Kosc in Warsaw May 24, 2024

Polish retail sales expanded 4.1% year on year at constant prices.

“We expect the scale of PPI deflation to systematically decrease in the coming months,” PKO BP said.

bne IntelliNews May 23, 2024

Poland's producer price index (PPI) declined 8.6% year on year in April (chart), following a revised fall of 9.9% y/y in March.

Slovak unemployment inches down to 3.82%

Albin Sybera May 21, 2024

Decrease is 0.26 percentage points year on year and 0.06 pp month on month.

The use of the ruble in EU trade settlements reaches a record $15.2bn in March

bne IntelliNews May 17, 2024

The use of the ruble in settlements for goods and services exported by Russia to European partners was up 58.5% in March 2024 to record levels, according to data from the Central Bank of Russia.

Polish GDP growth eases to 1.3% y/y in Q1, flash estimate says

bne IntelliNews May 15, 2024

Polish GDP expanded 1.3% year on year in the first quarter, (chart) easing slightly versus a gain of 1.6% y/y in the preceding three months, seasonally adjusted data from the Central Statistical Office (GUS) showed in a flash estimate on May 15.

Slovenia’s economy expands by 2.1% y/y in 1Q24

bne IntelliNews May 15, 2024

Slovenia’s economy grew by an annual 2.1% in the fourth quarter of 2024 (chart), according to non-seasonally adjusted data released by the statistics office, SURS, on May 15.

Czech inflation accelerated to 2.9% y/y in April

bne IntelliNews May 13, 2024

Consumer price indices in Czechia increased by 2.9% year on year and by 0.7% month on month as food, alcohol and tobacco prices spiked.

Slovak industrial production dropped by 6.9% y/y in March

Albin Sybera May 13, 2024

The influential sector of transportation equipment manufacturing decreased by 14.7% y/y.

Czech industry returns to decline in March

bne IntelliNews May 8, 2024

Czech industry decreased by 2.7% year on year and by 1.6% month on month in March, the Czech Statistical Office (CZSO) reported. The drop comes after a slight 0.7% y/y increase in February, which ended a three-month skid in industrial output.

Mood in Polish manufacturing falls to six-month low

Wojciech Kosc in Warsaw May 6, 2024

Poland's Purchasing Managers' Index fell 2.1 points to 45.9 in April.

Czech PMI deteriorates in April

Albin Sybera May 3, 2024

S&P highlighted stronger contractions in production and weak client demand amid the burdens of the difficult manufacturing environment, which was also pressured by waning external demand.

Czech GDP grew by 0.4% y/y in the Q1 2024

bne IntelliNews May 2, 2024

The estimate released by the Czech Statistical Office follows a GDP drop of 0.8% in the third quarter of 2023 and a growth of 0.4% in Q4. Following the revision released by CZSO in late March, the Czech economy declined by 0.2% in 2023 overall.

Polish CPI picks up growth to 2.4% y/y in April, flash estimate shows

bne IntelliNews April 30, 2024

Polish CPI grew 2.4% year on year in April (chart), just below the consensus line of 2.5% y/y and 0.4pp above the March reading, a flash estimate from Poland’s statistical office GUS showed on April 30.

Preliminary Q1 GDP data shows Hungarian economy posts modest rebound

Tamas Csonka in Budapest April 30, 2024

GDP grew 1.1% year on year in Q1 and by 1.7% when adjusted for calendar effects.

Slovak unemployment inched further down to 3.88% in March

Albin Sybera April 24, 2024

There were 167,493 job applicants in March, which is at its lowest level since the end of 2019.

Poland’s industrial production disappoints in March as output declines 6% y/y

bne IntelliNews April 24, 2024

Poland’s industrial production fell 6% year on year in constant prices in March (chart), after a gain of 3.3% y/y the preceding month, unadjusted data from the statistical office GUS showed on April 22.

Automotive sector output in Hungary edges up 1.6% y/y in February

Tamas Csonka April 16, 2024

Headline industrial output rose 1.8% in February, increasing for the first month in about a year.

Slovak inflation eased further to 2.3% in March

Albin Sybera April 16, 2024

Prices in the alcohol and tobacco sector increased by 19% y/y, including the 9.1% spike in tobacco prices as a result of the new consumption tax.

Polish inflation eases further to 2% y/y in March

Wojciech Kosc in Warsaw April 15, 2024

The inflation rate landed within the National Bank of Poland’s target of 1.5%-3.5% for a second successive month

CEE falling inflation trend comes to an end

bne IntelliNews April 12, 2024

After spiking to 20-year highs thanks to the pandemic and Europe’s Russian induced energy crisis, inflation rates across the EU have tumbled in recent months. That trend has ended and CEE central banks are expected to hike rates again in 2H24.