Eastern Europe / Data

World Bank revises upeards 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.

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.

Russia’s economic growth accelerated to 1.7% in 3Q19 after a very slow first half of the year

bne IntelliNews November 14, 2019

Russia’s State Statistics Service published preliminary GDP estimates for 3Q19 that posted a 1.7% y/y growth in the quarter, up from 0.9% y/y in 2Q19 and only 0.5% in the first quarter.

Belarus reports 0.5% m/m inflation in October

bne IntelliNews November 12, 2019

Consumer prices in Belarus grew by 0.5% month-on-month and 3.9% y/y in October, according to the nation's statistics service Belstat.

Ukraine’s consumer prices rose 0.7% m/m and slowed to 6.5% y/y in October, driven by food prices

bne IntelliNews. November 11, 2019

Ukraine’s consumer prices rose 0.7% m/m in October owing to growing prices for food, clothing and footwear, and alcohol and tobacco, the State Statistics Service reported. Annual inflation slowed to 6.5% y/y in October from 7.5% y/y in September.

Ukraine foreign reserves flat m/m in October

bne IntelliNews November 7, 2019

Ukraine's international reserves decreased by 0.2% month-on-month to $21.4bn in October following a 2.6% m/m drop in September, according to the National Bank of Ukraine (NBU).

Russian car market continues decline in October

bne IntelliNews November 7, 2019

Sales of new passenger cars and light commercial vehicles (LCVs) in Russia continued its decline, decreasing by 5.2% in October 2019, according to the report by the AEB Automobile Manufacturers Committee overseeing the industry.

Popularity of Russian regional governors reaches all time high

Ben Aris in Berlin November 7, 2019

The popularity of Russia’s regional governors reached an all time high of 65% in October, only 3 percentage points behind the popularity of President Vladimir Putin.

Russia’s CPI rate fell below the central bank's 4% target in October

bne IntelliNews November 7, 2019

In October Russia’s consumer price inflation (CPI) rate fell below Central Bank of Russia (CBR) target of 4% to 3.8% year-on-year, Rosstat reported on October 7.

Russia’s Service PMI posted a strong 55.8 in October, offsetting a slowdown in manufacturing

Ben Aris in Berlin November 6, 2019

The October survey results signalled a strong expansion in business activity across the Russian service sector, largely underpinned by a sharper upturn in new orders.

Ukraine central bank forecasts nation's GDP growth in July-September at 3.5% y/y

bne IntelliNews November 5, 2019

The National Bank of Ukraine (NBU) estimates the nation's GDP growth at 3.5% year-on-year in the third quarter of 2019, according to the NBU's inflation report published last week.

Ukraine’s current account deficit grew to $1.1bn September from $0.4bn in August

bne IntelliNews November 5, 2019

Ukraine’s current account (C/A) deficit grew to $1.1bn September from $0.4bn in August due to a deteriorated balance of primary income and increased trade deficit, the National Bank of Ukraine (NBU) reported on October 31.

Russian manufacturing PMI sector dropped in October on back of weakening client demand

bne IntelliNews November 1, 2019

The Russian manufacturing sector slowed again in October, driven by weaker client demand. Output and new orders both contracted but managers remain strongly optimistic about output over the coming 12 months.

Russia’s growth driven by agriculture and wholesale trade in 3Q19

Ben Aris in Berlin October 31, 2019

Russia’s growth was driven by a growth in agriculture and rising wholesale trade in the third quarter of this year, reports Rosstat in a data release looking at the basic sectors of the economy.

Ukraine's unemployment falls to 7.8% in 2Q19, its lowest level in five years

bne IntelliNews October 29, 2019

Ukraine's unemployment started to fall more noticeably in the second quarter of this year. The unemployment level fell from 9.2% in the first quarter to 7.8% in the second.

China overtakes Poland, Russia to become Ukraine's top trade partner in 8M19

Ben Aris in Berlin October 29, 2019

More dramatic changes in Ukraine’s trade patterns as China overtakes Poland in August to become Ukraine’s biggest export and import partner.

Ukraine reports 9.8% y/y real wage growth in September

bne IntelliNews October 29, 2019

Real wages in Ukraine grew 9.8% year-on-year in September, accelerating from a 7.7% y/y growth in August, the nation's state statistics service Ukrstat reported on October 28.

Ukraine's central bank cuts key rate by 1 pp to 15.5%

bne IntelliNews October 24, 2019

The National Bank of Ukraine (NBU) will cut its key policy rate by lopping off a whole percentage point and bring the rate to 15.5% per annum on October 25 from the current level of 16.5%

Russia's Watcom shopping index extends gains over the summer, but only because people are feeling poor

Ben Aris in Berlin October 22, 2019

The mild recovery in foot traffic in Moscow’s leading shopping malls extended gains that began at the start of summer, as retail turnover results for all of Russia also picked up in the third quarter of this year.

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