Estonian GDP growth rate accelerates to 4.2% y/y in Q3

bne IntelliNews December 1, 2019

The pick-up in economic expansion in the third quarter arrived on the back of investment growing 8.1% y/y.

The foreign share in Russia's OFZ treasury bonds up to 32%

bne IntelliNews November 29, 2019

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.

Soaring hryvnia value causing problems for Ukraine

bne IntelliNews November 28, 2019

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.

Hungarian forint slips to record low

Tamas Szilagyi in Budapest November 26, 2019

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.

Czech unemployment rate is the lowest in the EU in 2018

bne IntelliNews November 26, 2019

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 industrial output stumbles in October, dropping 5% y/y

bne IntelliNews November 25, 2019

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.

Polish PPI drops 0.1% y/y in October

bne IntelliNews November 25, 2019

The reading sees PPI inflation drop below the zero line for the first time since February 2018.

Ukraine retail sales grew by 10% y/y in January-October

bne IntelliNews November 22, 2019

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.

Czech economic growth to slow to 2.1% in 2020, according to OECD

Nelly Tomchikova in Prague November 22, 2019

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

Russia's consumer demand is back after incomes tick up in October

bne IntelliNews November 21, 2019

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.

Moldova’s industry gains momentum in Q3

bne IntelliNews November 21, 2019

Industrial output increased by 9.3% y/y in Q3, driven by the 10.9% y/y advance of the core manufacturing industries.

World Bank revises upwards GDP growth forecast for Ukraine in 2019 from 3.4% y/y to 3.6% y/y

bne IntelliNews November 20, 2019

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 dips to 2.6% in October

bne IntelliNews November 19, 2019

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.

Czech industrial producer prices' growth slowed to under 1% in October

bne IntelliNews November 19, 2019

The year-on-year growth of Czech producer price index of inflation (PPI) slowed to 0.9% in October from 1.9% in September

Czech economic growth slows to 2.5% in 3Q19

bne IntelliNews November 18, 2019

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.

Romania’s construction market maintains solid growth in Q3

Iulian Ernst in Bucharest November 18, 2019

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.

Slovakia's consumer prices up by 2.7% y/y in October

bne IntelliNews November 18, 2019

Saxo Bank analyst John Hardy blames ECB policy for high inflation in Slovakia.

Ukraine reports 4.2% y/y GDP growth in July-September

bne IntelliNews November 15, 2019

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 decelerates sharply in 3Q19 due to falling foreign demand

Nelly Tomcikova in Prague November 15, 2019

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