Eurasia / Data
Turkmenistan exposed: Investors warned nation is “teetering on edge of catastrophe”
Despite people going hungry amid economic crisis ruling autocrats continue to pile money into vanity projects, while failing to pay contractors. Eight-lane ‘Turkmen Autobahn’ latest investment to raise eyebrows.
Georgia’s inflation eases to 4.3% y/y in June as food prices moderate
Although preliminary data indicates increased economic growth in Georgia, demand side pressure on inflation remains weak, the central bank said recently.
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CEE monthly bond wrap: window swings open for issues
Opportunity knocked at start of 2019 after US Fed indicated it was retreating from tightening. That switched bond investors to risk-on and yield-hungry, attracting many to Emerging Europe markets.
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Azerbaijan’s retail trade turnover up 2.6% in 2M19
Azerbaijan’s retail trade turnover grew by 2.6% y/y in comparable prices in the first two months of 2019, reaching AZN5.5bn (€2.9bn), the State Statistical Committee of the Republic of Azerbaijan reported.
CEE/CIS countries outperform income peers in terms of gender equality at work
Disastrous demographics and tightening labour markets will keep up the pressure on governments across the region to encourage women to enter and remain in the workforce.