Turkey hits brake on monetary tightening, policy rate left unchanged at 45%

Akin Nazli in Belgrade February 22, 2024

Benchmark will be further raised should the inflation outlook flash red, says regulator.

Putin’s repressions of 116,000 people surpasses Khrushchev, Brezhnev - Proekt

bne IntelliNews February 22, 2024

Russian President Vladimir Putin’s regime has persecuted at least 116,000 in just the last six years, Russian outlet Proekt estimates in a study released on February 22 dedicated to the memory of opposition figure Alexei Navalny.

Unemployment level in Slovakia inched up to 3.97% in January

Albin Sybera February 22, 2024

It is an increase of 0.09 percentage points compared to December and a drop of 0.47pp on January 2023.

Polish industrial production expands 1.6% y/y in January

Wojciech Kosc in Warsaw February 22, 2024

Low economic activity among Poland’s main trading partners weigh on Polish industrial companies.

Moldova’s industrial activity shrank by 3.6% y/y in 2023

bne IntelliNews February 22, 2024

Moldova's industrial facilities had to reduce operations dramatically in the winter of 2022-23, as natural gas resources were limited and costly.

Europeans, Ukrainians increasingly at odds over prospect of victory over Russia – polls

bne IntelliNews February 21, 2024

Only one in ten of respondents in the EU believe that Ukraine can win the war against Russia, according to a new survey commissioned by the European Council on Foreign Relations (ECFR)

Polish PPI deflation deepens again in January

bne IntelliNews February 21, 2024

Poland's producer price index (PPI) declined 9% year on year in January (chart), following a revised fall of 6.9% y/y in December.

ECA50 releases its debut regional frontier equity index of the 50 largest publicly traded companies

ECA50 February 20, 2024

ECA50 Plc developed its debut regional equity index of the 50 largest public companies in the frontier Europe and Central Asia (ECA) region.

CEE losing competitiveness because of soaring wages and weak productivity growth

bne IntelliNews February 19, 2024

Unit labour costs have surged by 25% since 2020 – something not seen since the early 2000s, says Capital Economics

Moldova's trade balance narrowed by 8.5% y/y to 27% of GDP in 2023

bne IntelliNews February 19, 2024

Both imports and exports contracted in 2023.

Record coal exports drive Mongolia’s economy to 7% expansion

Michael Kohn February 19, 2024

Mineral-rich country posts highest GDP growth rate in five years, thanks mainly to coal sales that topped 66mn tonnes.

Czech inflation collapses to its lowest y/y rise in almost three years in January

bne IntelliNews February 15, 2024

Consumer price indices (inflation) in Czechia increased by 2.3% year on year and by 1.5% month on month.

Russian inflation at 7.4% in January ahead of CBR policy meeting

bne IntelliNews February 15, 2024

Russian consumer price inflation posted 0.9% month on month and 7.4% year on year in January 2024, according to the latest data from RosStat.

Clear east-west divide in EU for gender balance in science and engineering

bne IntelliNews February 15, 2024

Female employment in science and engineering is well above 50% in multiple regions of Central and Southeast Europe, Eurostat figures show.

Slovak economy best performer in Central Europe with 1.2% growth in Q4

Albin Sybera February 15, 2024

Economic growth above 1% for the whole year 2023.

Hungary's economic recovery stalls in Q4

Tamas Csonka in Budapest February 15, 2024

GDP flat in Q4 and for the full year, adjusted GDP dropped 0.8%.

Russia’s current account surplus up to $6.4bn in January

bne IntelliNews February 15, 2024

The current account surplus of Russia’s balance of payments in January 2024 improved notably to $6.4bn from $0.7bn seen in December 2023, according to the preliminary estimates of the Central Bank of Russia (CBR).

Romania’s industrial output shrinks by 4.9% in 2023

bne IntelliNews February 15, 2024

Industrial activity has deteriorated in Romania, with the overall industrial output index (chart) contracting by 4.9% y/y in 2023 according to data published by the statistics office INS. Romanian industry has been losing ground since before COVID.

Polish economic growth picks up to 1.7% y/y in Q4, flash estimate shows

bne IntelliNews February 14, 2024

Polish GDP expanded 1.7% year on year in the fourth quarter, (chart) picking up versus a gain of 0.3% y/y in the preceding three months, seasonally adjusted data from the Central Statistical Office (GUS) showed in a flash estimate on February 14.