Central Europe / Data

Poland’s biggest bank slashes 2020 GDP growth projection

Wojciech Kosc in Warsaw February 27, 2020

The Polish economy will grow just 3.5% in 2020, said Poland’s biggest lender, the state-controlled PKO BP, trimming its previous forecast of 3.7%.

Polish GDP growth eases to just 3.5% y/y in Q4

bne IntelliNews February 17, 2020

Analysts forecast a further slowdown in the first half of 2020.

Polish PMI remains in contraction zone for 15th month straight in January

Wojciech Kosc in Warsaw February 4, 2020

The weak data marks the continuation of the downturn in Poland’s manufacturing segment, despite some improvement in sentiment in European industry.

Latvian GDP growth slows to just 1% y/y in Q4

bne IntelliNews February 1, 2020

The result shows a considerable slowdown in Latvian economic growth versus the adjusted growth of 1.8% y/y in the third quarter. A slowdown in manufacturing dragged the economy down.

Polish economic growth eases to 4% in 2019

bne IntelliNews January 30, 2020

The breakdown of the data shows household consumption – the main driver of growth in recent years – weakened last year, as did investment. The figures also point to a sharp y/y deceleration of economic growth in the fourth quarter.

Lithuanian retail sales ease growth rate to 3.7% y/y in December

bne IntelliNews January 28, 2020

Sales thus decelerated their growth rate in comparison to the 4.5% annual expansion in the eleventh month. Retail sales have been on an uninterrupted growth track since 2015.