Central Europe / Data
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Slovak industry returns to mild growth of 0.7% y/y in September
September development came as a surprise to local market analysts, but no substantial revival is expected.
Poland’s population could shrink by 9mn to to 28.4mn by 2060, simulation shows
Poland’s population is projected to fall to 28.4mn by 2060 if the current record-low fertility rate of 1.10 persists, according to an experimental population simulation by Poland’s statistical office GUS.
Emerging Asia overtakes the UK per-capita benchmark
For the first time since the Industrial Revolution, the major emerging economies including China, India and Indonesia have seen GDP as a percentage of the UK’s GDP increase as the leading BRICS countries start to overtake the Developed Markets.
Czech growth accelerates as domestic demand-side pressure builds
The Czech economy delivered an unexpected acceleration in the third quarter, marking a clear shift from its earlier position as a regional underperformer to one of Central and Eastern Europe’s fastest-growing economies.
Estonia has the world’s most competitive tax systems for the 11th year in a row – STATISTA
The Tax Foundation has released its International Tax Competitiveness Index which highlights the most competitive tax rates in different countries around the world. For the 11th consecutive year, Estonia had the highest score in the index.
EU rare earth supply dominated by China and Russia - Eurostat
The European Union remains heavily dependent on China and Russia for rare earth imports, with nearly three-quarters of its supply sourced from the two countries in 2024, according to data published by Eurostat and reported by Statista.
Polish retail sales return to solid growth in September
Polish retail sales grew 6.4% year on year in constant prices in September, picking up from a 3.1% y/y rise in August, the statistics office GUS said.
Hungary’s central bank leaves rates unchanged
National Bank of Hungary expects inflation to fall back into the tolerance band by early 2026, with the 3% target sustainably achievable in early 2027 under the current strict policy settings.
Germany slowdown weighs on Lithuania’s export-driven manufacturing sector
Lithuania’s economy remains highly sensitive to the industrial cycle in Germany, its third largest trade partner.
Poland’s industrial production jumps 7.4% y/y in September
September saw an unexpectedly sharp increase in industrial production after the surprise gain of 0.7% y/y in August.
Poland’s PMI rises 1.4 points to 48 in September
Business conditions in Poland’s manufacturing sector continued to deteriorate in September, S&P Global said on October 1.
Polish population to shrink by 6.6mn by 2060
Last year’s decline in births already confirmed that Poland is in a demographic crisis.
Polish inflation rate remains steady at 2.9% y/y in September, flash estimate shows
September's flash reading is below the market consensus, which expected an expansion of 3% y/y, as fuel price rises were offset by more favourable food prices.
Holidays in the sun hit Polish retail sales figures in August
Polish retail sales grew just 3.1% y/y in August, slowing from a 4.8% y/y rise in July.
Extreme poverty falling steadily – OWID
To track progress towards ending extreme poverty, the United Nations relies on World Bank estimates of the number of people living below a poverty threshold called the “International Poverty Line” (IPL), Our World in Data (OWID) reports.
Two thirds of Germans fear a Russian invasion fuelling far-right election gains in western heartland
Public anxiety over a potential Russian attack on Nato territory has surged in Germany following the recent drone incursion on September 10 into Polish airspace that coincided with sharp gains by the far-right Alternative for Germany (AfD).
One in three Poles blame Ukraine for the drone incursion into Polish airspace
For the first time during the full-scale war in Ukraine, Poland has shot down multiple Russian drones in its airspace on September 10, but a third of Poles have blamed the strike on Ukraine, not Russia, according to a poll.
India, China, Europe, all face population declines by the end of the century – OWID
This chart tracks the UN’s latest demographic projections for four large populations: India, China, Europe, and the United States. Together, they account for about half of today’s world population, Our World in Data (OWID) reports.
Half of Poles now against Ukraine joining Nato – poll
Just over half of Poles (53%) are now against Ukraine joining Nato, while only a third (33.5%) support the idea, according to to a recent poll conducted by the IBRiS institute for the Polish newspaper Rzeczpospolita on August 29-30.
Polish central bank trims rate to 4.75% as inflation nears target
The National Bank of Poland (NBP) cut its reference interest rate by 25bp to 4.75% on September 3, in line with market expectations.