A third of Russians are ready to participate in a mass protest against falling living standards

A third (28%) of Russians are ready to participate in a mass protest against falling living standards, according to independent pollster the Levada Center in a survey released on June 1.

Romanian banks post 9% y/y smaller profit in Q1

The coronavirus pandemic drove down the local banks' profits as several lenders set aside provisions to mitigate the higher risks generated by the COVID-19 crisis.

Serbia posts strong GDP growth of 5% in 1Q20 despite coronavirus

Although Serbia posted strong GDP growth in the first quarter of 2020, it is expected to fall into recession this year due to the coronavirus pandemic.

Poland’s PMI rises but remains deep in coronavirus trough

The improvement points to some easing of distress in Poland’s manufacturing sector after the index collapsed to an all-time low of 31.9 in March in the wake of the COVID-19 pandemic.

May PMI shows Turkish manufacturing buffeted again but signposts road to recovery

Reading improves to 40.9 from 33.4 in April. Move to growth should follow as long as COVID-19 continues to be brought under control, says IHS Markit.

Russia’s services PMI up slightly m/m in May, but contraction this year is significant

The IHS Markit Russia Services Purchasing Index (PMI) was up slightly to 36.2 in May from 31.3 in April, but still well below the 50 no-change mark, as the services sector has been crushed by the coronacrisis.

Estonia’s GDP falls 0.7% y/y in Q1 but coronavirus impact “not considerable” yet

The fall is less an effect of the pandemic than the weakness of Estonia’s energy and manufacturing sectors.

No cause to party in Turkey with Q1 growth of 4.5% y/y overshadowed by “ominous” outlook for Q2

Capital Economics pencils in second-quarter contraction of around 15% q/q on pandemic impacts.

Poland’s inflation continues coronavirus-driven descent in May, flash estimate shows

The pandemic depressed oil prices globally, causing a 23.4% y/y collapse in Poland’s fuel prices. That drove the headline figure down although price growth in other main segments offset the decline to a degree.

Trust in Russian President Vladimir Putin sinks to 25%, approval of his actions down to 63%

Real wages in Ukraine dropped 0.4% y/y in April, after growing 9.3% y/y in March

Real wages in Ukraine dropped 0.4% y/y in April, after growing 9.3% y/y growth in March, the State Statistics Service reported on May 28. The average monthly nominal wage declined to UAH10,430 a month ($383) from UAH11,446 in March, -9.6%.

New coronavirus cases decline across emerging Europe but the epidemic’s not over yet

Steady growth in new cases in several countries despite easing of lockdowns, numbers pushed up by outbreaks at industrial plants.

COVID-19 lockdown results in collapse of Lithuanian retail sales in April

Retail sales crashed 17.9% y/y in April, a fall that was expected after the government instituted a lockdown to contain the spread of the coronavirus.

Russian retail sales down by a quarter year on year in April, as unemployment soars

Russia’s April lockdown hit the statistics this week, after Rosstat reported that retail sales were down a massive 23.4% year on year and unemployment almost doubled in the month, the state statistics agency said on May 27.

Ukraine’s real wage gains still positive but fall in dollar terms in March

The average income in Ukraine has been rising steadily in recent years and rose from a mere UAH6.659 ($221) in January 2017 – making Ukrainians the poorest people in Europe – to almost double to UAH10.727 ($439) this January.

Belarus industrial output declined 3.8% year on year in 4M20

In January-April 2020 Belarus industrial output declined 3.8% year on year as the double whammy of the oil price collapse and the coronavirus stop-shock hit home.

Belarus industrial output declined 3.8% year-on-year in 4M20

In January-April 2020 Belarus industrial output declined 3.8% year-on-year as the double whammy of the oil price collapse and the coronavirus stop-shock hit home.

Industrial production in Ukraine tumbles by 16.2% year on year in April

Industrial production in Ukraine in April 2020 fell by 16.2% year on year, compared with the March drop of 7.7%, February’s fall of 1.5% and January’s contraction of 5.1%, the State Statistics Service said on May 23.

Polish retail sales come down crashing in April, hit by COVID-19 lockdown

A steep reduction in shops’ turnover in April is hardly a surprise, given the fourth month was the first – and only thus far – full month of lockdown, imposed by the authorities to limit the spread of the pandemic.

70% of companies in Czech Republic saw a drop in orders in May due to COVID-19 outbreak

The economic situation of Czech companies is deteriorating and most hope for an extension of the government's Antivirus support programme, a survey by the Confederation of Industry and Transport shows.