Ukraine's international reserves increased by 5.8% month-on-month to $21.84bn in July following a 6.4% m/m growth in June, according to the National Bank of Ukraine (NBU)
Russia's consumer price index (CPI) posted a growth of 0.2% month-on-month in July, with year-on-year inflation slowing to 4.6%, according to the data of the Rosstat agency. The m/m inflation was below the consensus expectations of 0.2%. In y/y terms
Russian car market continued to contract in July, with the sales of new passenger cars and light commercial vehicles (LCVs) down by 2.4% to 0.14mn units. In the seven months of 2019 the sales also declined by 2.4% to 0.97mn vehicles, according to the
Russian oil and gas production climbed further in the first seven months of 2019, despite cutbacks relating to the dirty oil crisis and a recent dip in gas exports.
Central bank is still no doubt working on another chunky rate cut.
Russia's National Welfare Fund (NWF) doubled in July, increasing by RUB4.105 trillion, to RUB7.868 trillion, and in dollars terms by $64.479bn, to $124.137bn, the Ministry of Finance of Russia reported on August 2.
Russia’s manufacturing PMI continued to contract in July with the index up only slightly to 49.3 from 48.6 a month earlier, but still below the 50 no-change mark, IHS Markit reported on August 1.
Russia’s basic sector output, which represents a large share of GDP, grew by nearly 2% in June, which should mean strong economic activity in the second quarter after a disappointing first quarter. National project spending will bolster growth.
The reading marks a return to a patchy performance, pointing to an economic slowdown this year.
August was the sixth month in a row in which price growth accelerated in Poland, exceeding the 2.5% target of the National Bank of Poland for a second month straight.
The Belarusian government forecasts a 2.5% year-on-year growth of the nation's GDP in 2020, the Prime Minister Sergei Rumas said on July 30.
Real wages in Ukraine grew by 8.1% year-on-year in June, accelerating from 7% y/y growth in May, the nation's state statistics service Ukrstat reported on July 29.
Putin’s person popularity moved up moderately this year from a low of 64% in January to 68% in July, with 31% disapproving of his actions, according to independent pollster the Levada Center.
Inflation in subsistence prices pushed the total up by 4 pp, according to Rosstat.
Russian gross international reserves (GIR) topped $530bn as of June 29, the Central Bank of Russia (CBR) reported.
Russian companies are track for their most profitable year in the last four years as a corporate recovery starts to gather momentum.
Adoption of personalisation and digitisation technologies to lead to aggressive competition and a wave of investment in innovation.
A more pronounced growth of industrial production is expected to return in the coming months, keeping economic growth on a steady expansion trajectory.
Very positive figures for Albania at the start of the tourist summer season.
The headline figure sees the PPI inflation rate ease 0.6pp compared to the annual reading in May.