The pick-up in economic expansion in the third quarter arrived on the back of investment growing 8.1% y/y.
The foreign share of investors into the Russian Ministry of Finance ruble-denominated OFZ treasury bills reached 32% in November as foreign investors increased their holdings again to RUB2,837bn ($44.2bn) worth of the bonds.
Ukraine’s hryvnia has gained 15% in value YTD and that is causing problems for the export orientated economy. The hryvnia passed the UAH24 to the dollar mark on November 27, a level it hasn't seen since 2015.
The Hungarian forint extended losses on the interbank market, slipping to 337.2 versus the euro on November 26, with analysts blaming the central bank's extremely loose monetary policy.
The Czech Republic recorded the lowest unemployment rate in the European Union in 2018, for the third consecutive year, at 2.2%, followed by Germany with 3.4% rate, according to data published by the Czech Statistics Office
Ukraine's economy stumbled in October, after industrial output plummeted by 5.0% year-on-year after contracting by 1.1% y/y in September, the nation's state statistics service Ukrstat reported on November 22.
The reading sees PPI inflation drop below the zero line for the first time since February 2018.
Ukraine retail sales advanced 10.2% year-on-year in real terms in in January-October, accelerating from 9.8% y/y, the nation's state statistics service reported on November 20.
The Czech economic growth is projected to slow to 2.1% in 2020 from 2.6% this year, driven mainly by falling household consumption and reduced government spending says the OECD
After four years of stagnation consumer demand is finally back as a main driver of Russia’s economic growth. An uptick in real incomes in October has fed through to retail sales which expanded by 1.6% year-on-year.
Industrial output increased by 9.3% y/y in Q3, driven by the 10.9% y/y advance of the core manufacturing industries.
The World Bank has revised upwards its forecast for Ukraine's GDP growth in 2019 from 3.4% year-on-year to 3.6% y/y
Russia’s industrial production rose by 2.6% y/y in October, which is down from the 3% y/y growth in the previous month, Rosstat reported on November 18.
The year-on-year growth of Czech producer price index of inflation (PPI) slowed to 0.9% in October from 1.9% in September
The Czech economic growth has slowed to 2.5% year-on-year and 0.3% quarter-on-quarter in 3Q19, most likely driven by household consumption, according to preliminary estimates released by the Czech Statistics Office (CSO) on November 14.
The growth in the volume of construction works in Romania accelerated to 35.4% y/y in Q3, as the sector turns into a significant growth driver.
Saxo Bank analyst John Hardy blames ECB policy for high inflation in Slovakia.
Ukraine's gross domestic product (GDP) grew by 4.2% year-on-year in July-September, which is higher that expected by the nation's central bank.
Slovakia's GDP increased by 1.3% year-on-year in the 3Q19, far below expectations, driven mainly by lower foreign demand. Growth increased by 1.8% y/y after seasonal adjustments, and by 0.4% quarter-on-quarter, according to preliminary data published