Central Europe / Data

Lithuanian industrial production more than doubles y/y growth rate in April

bne IntelliNews May 23, 2019

The adjusted annual growth in April owes to production expanding 14% y/y in the most-weighted manufacturing segment, compared to a growth of 7% y/y the preceding month.

Polish retail sales rebound in April

bne IntelliNews May 23, 2019

The pick-up owes to the calendar effect, with sales spiking because of Easter but also to Polish households’ general inclination towards increased consumption, driven by the good situation on the labour market – low unemployment and growing wages.

Polish industrial production growth takes off in April

bne IntelliNews May 22, 2019

The headline figure attests to the Polish industrial sector’s stubbornness to give in to negative trends in the external environment, especially the slowdown of activity in Germany, Poland's largest trading partner.

Hungary has EU's highest rate of increase in new residence permits

bne IntelliNews May 21, 2019

Budapest eased restrictions on the employment of non-EU citizens in an effort to manage the labour crunch.

Budgetary responsibility council's forecast for Slovakia's GDP growth at 3.7% in 2Q19

bne IntelliNews May 21, 2019

Slovakia's economy will increase by 3.7% of GDP in 2Q19 and by 3.8% of GDP in 2019, according to May short-term economic forecast, published by the Budgetary Responsibility Council in its forecast from May 20, drawing attention to growth risks, inclu

Hungary's stellar Q1 GDP growth puts it first in Europe

bne IntelliNews May 16, 2019

GDP growth reached a 19-year high of 5.3%, with the industrial sector unfazed by a slowdown in eurozone economies or the strike at Audi's Gyor factory.

Czech economic growth slows on lower external demand and household consumption

bne IntelliNews May 16, 2019

The Czech economic growth slowed to 2.5% year-on-year in the first quarter of this year from 2.6% in the 4Q18, affected mostly by lower external demand and household consumption

Slovakia´s inflation less pronounced due to drop in prices of flight tickets

bne IntelliNews May 16, 2019

Slovakia´s inflation slowed to 2.3% year-on-year in April, down from 2.7% in March. Core inflation stood at 1.9% and net inflation at 1.6%, the Slovak Statistics Office reported on May 15.

Vehicle sector output shifts to higher gear, lifting Hungary's industrial output

bne IntelliNews May 15, 2019

The automotive sector, which has the largest weight in the industrial sector, boosted output by 12.8% y/y in March, the highest rate in two-and-a-half years.

Czech unemployment drops to a two decade low of 2.7% in April

bne IntelliNews May 13, 2019

Czech unemployment rate dropped to 2.7% in April from 3% in March, at its lowest level since June 1997, due to the continuing start of seasonal work, according to data by the Labour Office published on May 10.

Czech PMI falls to its lowest level since December 2012

bne IntelliNews May 9, 2019

The Czech IHS Manufacturing Purchasing Managers Index (PMI) dropped further to its lowest level since December 2012, to 46.6 in April from 47.3 in March, driven by a strong decline in client demand

Czech National Bank hikes its interest rates for the first time in 2019

bne IntelliNews May 9, 2019

The Czech National Bank (CNB) increased the two-week repo rate by 25 base points to 2% from 1.75%, the highest level since February 2009.

Prague recorded the lowest unemployment rate of 1.3% again among EU regions

bne IntelliNews April 30, 2019

Czech capital Prague again posted the lowest unemployment rate in the European Union of 1.3% in 2018, followed by Czech South-West region, according to Eurostat data published on April 29.

Czech household confidence down for third consecutive month, at its lowest level since 2016

bne IntelliNews April 25, 2019

Confidence in Czech economy increased very slightly by 0.1 point month-on-month in April to 97.1 from 97.0 in March