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Kazakhstan's November services PMI shows first contraction in eight months
Despite lapse in demand, firms said to retain positive attitude on 12-month outlook for activity, which remained historically elevated. Inflationary pressures continued to retreat.
Industrial prices in Romania resume growth in September-October as energy prices remain elevated
Industrial prices in Romania increased by 2.4% in September-October.
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Slovak GDP grew by 1.1% y/y in Q3
GDP also up by 0.2% quarter-on-quarter as trade surplus makes up for lower domestic demand.
Russia’s services PMI posts 52.2 in November as growth cools, but remains comfortably in the black
Russian service providers recorded a modest expansion in business activity during November, according to the latest PMI survey from S&P Global, but the rate of growth slowed somewhat from October.
Employment in Romania up 1.3% y/y in Q3
Largest number of jobs created in construction, IT&C and hospitality sectors.
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Czech GDP dropped by 0.7% y/y and by 0.5% q/q in 3Q23
Czechia remains the only EU country not to have recovered its pre-pandemic level of output.
Turkey releases official November inflation slightly up at 62% y/y
Independent group ENAG calculates 129% y/y.
Low base and agriculture lift Hungary out of technical recession in Q3
Hungary’s economy grew 0.9% quarter-on-quarter in the third quarter, after four consecutive months of contraction.
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Czech PMI stays low in November
Czech manufacturing PMI data from S&P Global market intelligence company posted 43.2 in November.
Polish PMI rises in November to open way for recovery at year’s end
Poland's Purchasing Managers' Index grew 4.5 points to 48.7 in November.
Putin's approval rating up to 85% in November, Russians happy with the country's direction
According to the latest polls from the Levada Centre, Russian President Vladimir Putin's approval rating rose three percentage points in November to 85%, and disapproval slid down two points to 13%.
Slowdown in Turkish manufacturing became more entrenched in November, PMI shows
Both new orders and production scaled back to the greatest extent in a year.
Russia’s manufacturing PMI unchanged at 53.8 in November, but economy still growing strongly
The seasonally adjusted S&P Global Russia Manufacturing Purchasing Managers’ Index was unchanged at 53.8 in November, as the Russian economy continues to grow well above potential thanks to the military Keynesianism of heavy state spending.
Polish inflation eases to 6.5% y/y in November, flash estimate shows
Analysts now expect the CPI to continue easing in the coming months but at a clearly slower rate.
Global climate plans still fall short
Ahead of the Cop28 climate summit beginning on November 30 in Dubai, Sultan Al Jaber, the Cop28 president-designate has said that he believes an "unprecedented outcome" is still on the cards – keeping alive hopes something will happen.
Turkey’s official 2023 growth on course for “middle ground” as 5.9% y/y posted for 3Q23
As they attempt to “rebalance” economy, country’s new economic team must keep both the ruling politicians and global investors happy.
COP28: Global climate plans still fall short
Ahead of the Cop28 climate summit beginning on November 30 in Dubai, Sultan Al Jaber, the Cop28 president-designate has said that he believes an "unprecedented outcome" is still on the cards - keeping alive hopes something will happen.
COP28: Global climate plans still fall short
Ahead of the Cop28 climate summit beginning on November 30 in Dubai, Sultan Al Jaber, the Cop28 president-designate has said that he believes an "unprecedented outcome" is still on the cards - keeping alive hopes something will happen.
Russia set for second largest grain harvest on record at over 151mn tonnes
Russia is on track to secure the second largest grain harvest in its history of more than 151mn tonnes for the year 2023, according to Agriculture Minister Dmitry Patrushev.
Romania’s public debt hits 50.5% of GDP at end-September
Debt reached €152.6bn at the end of September after strong growth earlier in the year.