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

bne IntelliNews May 25, 2020

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

bne IntelliNews May 24, 2020

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

bne IntelliNews May 22, 2020

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.

Poland’s industrial production records unprecedented fall in April in the wake of COVID-19 lockdown

bne IntelliNews May 21, 2020

A contraction had been expected in April, but at 24.6% y/y the magnitude of the fall surprised the market.

Poland’s PPI deepens fall to -1.3% y/y in April

bne IntelliNews May 21, 2020

The reading sees the PPI deflation deepen its fall after the index slid 0.5% y/y in March.

Estonian PPI deepens fall to -4.4% y/y in April

bne IntelIiNews May 20, 2020

Estonia's producer price index retreated 4.4% y/y in April, after falling 3.5% y/y in March.

Russa’s coronavirus cases close to 300,000 but PM says growth in new cases has halted

bne IntelliNews May 19, 2020

Slowdown in new cases in Eastern Europe, while lockdowns already being lifted in Central and Southeast Europe.

Russia maintains budget surplus, external position in April 2020

bne IntelliNews May 18, 2020

Amazingly In April, Russia maintained double surpluses in its external accounts with a trade surplus of $3.5bn ($35.6bn in 4M20) and a current account surplus of $1.8bn $23.5bn 4M20) despite the catastrophic collapse in oil prices.

Most Central, Southeast Europe economies contract in Q1 but outperform eurozone average

bne IntelliNews May 18, 2020

Performance ranges from a contraction of 5.4% q/q in Slovakia to growth of 0.3% q/q in Bulgaria and Romania.

Construction to support recovery in Romania after robust Q1 growth

bne IntelliNews May 18, 2020

The construction works volume index increased by 32.6% y/y in Q1 and by nearly 30% y/y in March alone.

Romania’s FDI turns negative in Q1

bne IntelliNews May 15, 2020

Multinationals halted their equity investments and asked their local subsidiaries to pay back their loans, central bank data showed.

Croatia air passenger numbers drop 61.5% y/y in March

bne IntelliNews May 14, 2020

Plunge in passenger numbers expected after coronavirus lockdown and travel restrictions imposed during the month, bringing a halt to tourist travel.

Negative surprise as Turkey posts March industrial production decline of 2% y/y and 7% m/m

bne IntelIiNews May 14, 2020

Despite onset of pandemic and lockdowns market was expecting some growth.

Illegal border crossings to EU via Western Balkans increase 60% in January-April

bne IntelliNews May 13, 2020

More migrants risked the Balkan route in January-March, but almost no illegal border crossings during coronavirus lockdowns in April, says Frontex.

Lithuanian PPI sinks to -15.5% y/y in April as COVID-19 bites

bne IntelliNews May 12, 2020

Plunge in producer prices driven by crashing oil prices, an effect of the global oil market depression caused by the pandemic.

Black April for Russian car market as sales plunge by 72%

bne IntelliNews May 12, 2020

Sales of passenger cars and light commercial vehicles (LCVs) in Russia in April 2020 are the latest victims of the coronavirus (COVID-19) crisis with sales crashing by 72% year-on-year in April, according to the report by the AEB

Lithuanian CPI growth eases to 1% y/y in April

bne IntelliNews May 11, 2020

The slowdown came mainly on the back of prices falling in the housing and transport sectors, an effect of the falling oil prices because of the coronavirus pandemic that depressed the global oil market.

Pandemic causes 76.8% slump in Croatia’s tourist arrivals in March

bne IntelliNews May 11, 2020

Croatia’s large tourism sector is expected to suffer further due to the pandemic, with government estimates of the decline in revenues this year ranging from 60% to 90%.

Inflation in Ukraine slowed to 2.1% in April

bne IntelliNews May 11, 2020

Inflation in Ukraine slowed to 2.1% in April year on year from 2.3% in March, according to the State Statistics Service. Month-on-month inflation remained flat at 0.8% compared to March.

Russian President Vladimir Putin approval rating falls to a two-decade low, but support for extending his rule is up

Ben Aris in Berlin May 7, 2020

Russian President Vladimir Putin’s approval rating has slipped to its lowest level in more than two decades of 59% in April from 63% in March, according to independent pollster the Levada Center.