Central Europe / Data

Heatwave pushes up spot electricity prices in Southeast Europe

bne IntelliNews July 30, 2021

Prices elevated by a combination of demand for electricity for cooling and an outage at one of the reactors of Romania’s nuclear power plant.

Polish retail sales ease growth to 8.6% y/y in June

Wojciech Kosc in Warsaw July 22, 2021

Household consumption set to be one of the main drivers of Poland’s economic growth in 2021.

Poland’s industrial production eases growth in June

Wojciech Kosc in Warsaw July 21, 2021

Poland’s industrial production growth expanded 18.4% year-on-year at constant prices in June, after jumping 29.8% y/y the preceding month.

Polish CPI growth eases to 4.4% y/y in June

by Wojciech Kosc in Warsaw July 16, 2021

June expansion extends the period of ongoing high inflationary pressure in Poland.

Hungary’s CPI rises to 5.3% in June

bne IntelliNews July 9, 2021

Inflation hit a new record for this year, and the highest figure since end-2012.

Consumer prices up 2.7% in June 2021 y/y in Latvia

bne IntelliNews July 8, 2021

In June 2021, the average level of consumer prices in Latvia increased by 2.7% y/y, the Central Statistical Bureau said on July 8.

Estonia’s industrial production volumes up 16% on year in May 2021

bne IntelliNews July 8, 2021

Industrial production volumes increased by 15.9% in May 2021, y/y. Production increased by 7% in energy and 18% in manufacturing, but decreased by 13% in mining.

Poland’s unemployment at 6% in June, government estimates

bne IntelliNews July 6, 2021

Poland’s unemployment rate eased growth further in June, inching up 0.1pp y/y to 6%, the Ministry of Development, Labour and Technology said in a preliminary estimate on July 6.

Latvia’s industrial output rose 10.1% in May 2021 y/y

bne IntelliNews July 5, 2021

Latvia’s industrial production output rose by 10.1% y/y in May, according to calendar adjusted data at constant prices, the country’s Central Statistical Bureau (CSB) announced on July 5.

ING: Polish PMI hits record high as output and orders improve

Rafal Benecki is the chief economist for Poland at ING and Piotr Poplawski is the senior economist July 2, 2021

Poland's PMI climbs to 59.4, a new historic high, from 57.2 the previous month, smashing the consensus figure of 57.

Polish PMI surges to a new all-time high in June

bne IntelliNews July 2, 2021

Poland's Purchasing Managers' Index (PMI) climbed 2.2 points to 59.4 in June, the new all-time high after the preceding month, the economic research company IHS Markit said on July 1.

Czech Republic posts best manufacturing PMI improvement ever

bne IntelliNews July 1, 2021

The Czech Republic Manufacturing PMI index soared in June to 62.7 in June. However, problems in supply chains could take the edge off growth.

CEE regional sentiment up again in June but analysts warn of price pressures

bne IntelliNews July 1, 2021

Capital Economics analysts point to evidence of growing price pressures in eastern EU members.

Polish CPI growth surprisingly eases to 4.4% y/y in June, flash estimate shows

Wojciech Kosc in Warsaw July 1, 2021

Inflation is set to remain elevated throughout 2021, analysts say, but central bank is not expected to take action until at least the end of the year.

Under half of emerging Europe economies to achieve full recovery in 2021

bne IntelliNews June 29, 2021

EBRD says recovery from the coronacrisis is progressing faster than expected, but many emerging Europe economies won’t return to 2019 levels of GDP until 2022.

Romania in line with the Baltic states as fastest converging EU members

bne IntelliNews June 22, 2021

Romania’s GDP per capita increased to 72% of the European Union’s average last year, after rising by 20 percentage points over the past decade.

Polish CPI grows 4.7% y/y in May

Wojciech Kosc in Warsaw June 16, 2021

Annual growth rate picks up 0.4pp versus the revised annual reading in April.

Southeast Europeans most likely in EU to believe corruption is getting worse

bne IntelliNews June 16, 2021

Transparency International survey shows citizens of Slovenia and Bulgaria were most likely to think their government was run by a few big interests looking out for themselves.

Latvian annual inflation leapt to 2.6% in May

Linas Jegelevicius in Vilnius June 9, 2021

Inflation expected to rise further as price pressures mount.

Bulgaria has worst air pollution in the EU, Eurostat says

bne IntelliNews June 4, 2021

Bulgaria has been struggling for years with air pollution in urban areas, particularly in winter.