Data
Kazakh industrial output up 2.7% in first nine months
Oil output fell 3.4% y/y but ore mining grew 15%.
Slovak unemployment rate at 7.09% in September
Unemployment down by 0.28 percentage points month-on-month.
Polish industrial production eases growth to 8.8% y/y in September
Data shows the strength of Polish industry and its resilience to bottlenecks in the supply of raw materials and intermediate goods.
Ukraine GDP increases 2.9% in 8M21, ministry estimates
Ukraine’s real GDP increased 2.9% y/y in 8M21, accelerating from a 2.1% y/y growth in 7M21.
Bulgaria’s inflation reaches nine-year peak in September
Inflation rises to 4.8% y/y in August, after the CPI rose by 3.7% year-on-year in July.
Polish inflation climbs further to 5.9% y/y in September
Inflation picks up 0.5pp versus the preceding month to a 20-year high.
Belarus' GDP 3% up in January-August, foreign trade surplus at record high
In January-August 2021 Belarus' GDP rose by 3%, while the foreign trade surplus exceeded $2bn and beat the record of the year 2013.
Belarus' gold, forex reserves down by 0.4% to $8.5bn in September
Belarus' gold and foreign currency reserves totalled $8,459.9bn as of 1 October, 2021, according to the National Bank of the Republic of Belarus (NBRB) preliminary data, reports BelTA.
Inflation in Belarus at 1.3% in September
In September 2021 the index of consumer prices for goods and services totalled 101.3% as against August 2021 and 107.5% as against December 2020, according to the National Statistics Committee of Belarus.
Changed travel patterns give the eastern Adriatic a strong summer season
There were some major changes in the source countries of travellers to the region as the continued coronavirus threat forced people to switch to different holiday destinations.
Slovak inflation in September up to its highest figure in 10 years
Consumer prices grew by 4.6% year-on-year in September,
Montenegro’s debt set to fall for first time since independence
Finance ministry expects government debt to drop to 87.37% of GDP in 2021, after soaring to 103% of GDP in 2020.
Georgia’s domestic exports strengthen on high metal prices
Compared to the pre-crisis period January-September 2019, Georgia’s exports increased by 9% to $2.98bn, while imports advanced by only 3.3% y/y to $7.03bn.
Hungary’s automotive sector output plunges on chip shortage
The decline in output of automotive industry companies, which accounted for 17% of total manufacturing output in August, accelerated from a 6.7% drop in July.
Romania’s industry stagnates, dragged down by disruptions in car production
Romania's automotive industry had been going strong pre-crisis and seemed to recover in late 2020 — only to be depressed by the semiconductor crisis this year.
IMF downgrades Ukraine's growth outlook for 2021 to 3.5%
The International Monetary Fund (IMF) downgraded Ukraine’s economic forecast for 2021 to 3.5% GDP growth from 4% in its April prognosis, according to the IMF’s World Economic Outlook (WEO) released on October 12.
North Macedonia’s central bank holds key rate as growth moderates
Central bank last cut its key rate to 1.25% in March and has so far not joined the shift to monetary tightening.
Moldova’s inflation leaps to 6.7% y/y in September
National Bank of Moldova hiked the refinancing rate in September as inflation soared past its projections.
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Non-oil exports driving Russia towards new all-time high current account balance this year
Non-oil exports drive Russia’s current account balance to a historical quarterly high of $40.8bn in the third quarter, the CBR reported on October 11.
Annual inflation in Serbia up sharply to 5.7% in September
Central bank says rising inflation mostly caused by factors beyond the influence of its monetary policy, namely rising international food and energy prices.
