Central Europe / Data

Lithuanian PPI deflation eases in November

bne IntelliNews December 10, 2019

The indicator’s fall eased from a decline of 4.5% y/y in September but still marked the sixth straight month of PPI deflation.

Czech unemployment falls to its lowest November rate since 1996

Nelly Tomchikova in Prague December 10, 2019

Unemployment rate in the Czech Republic remained at 2.6% in November, based on data provided by the Czech Labour Office on December 9. The number of unemployed people has risen by 771 to 197,289 since October, the lowest November figure since 1996

Slovakia's GDP growth slowed down to its lowest level since 4Q13

bne IntelliNews December 10, 2019

Slovakia's GDP growth has slowed in the 3Q19 with GDP in fixed prices increasing by 1.3%, down by 3.3 percentage points (pp) year-on-year, the lowest growth reported since 4Q13, said the Slovak Statistics Office on December 5.

Czech retail sales slows down to 3.4% growth y/y in October

Nelly Tomchikova in Prague December 9, 2019

Czech retail sales growth slowed to 3.4% year-on-year in October from 7.3% in September.

Czech manufacturing PMI continues to crash, worst performance since mid-2009

Nelly Tomchikova in Prague December 3, 2019

Czech manufacturing sector continued to crash in November, with IHS Manufacturing Purchasing Managers Index down to 43.5 from 45.0 in October, driven mainly by decreasing production and new orders.

Czech economic growth slowing, 2.5% growth y/y in 3Q19

Nelly Tomchikova in Prague December 2, 2019

Czech annual economic growth slowed to 2.5% year-on-year in 3Q19, up by 0.4% quarter-on-quarter, driven by both the domestic and external demand, down from a y/y growth of 2.7% in 2Q19, according to the statistics office

Polish GDP growth eases to 3.9% y/y in Q3, preliminary estimate shows

bne IntelliNews December 2, 2019

Domestic demand drove the headline result in July-September, although the pace of its growth slowed, while investment growth weakened considerably.

Estonian GDP growth rate accelerates to 4.2% y/y in Q3

bne IntelliNews December 1, 2019

The pick-up in economic expansion in the third quarter arrived on the back of investment growing 8.1% y/y.

Hungarian forint slips to record low

Tamas Szilagyi in Budapest November 26, 2019

The Hungarian forint extended losses on the interbank market, slipping to 337.2 versus the euro on November 26, with analysts blaming the central bank's extremely loose monetary policy.

Czech unemployment rate is the lowest in the EU in 2018

bne IntelliNews November 26, 2019

The Czech Republic recorded the lowest unemployment rate in the European Union in 2018, for the third consecutive year, at 2.2%, followed by Germany with 3.4% rate, according to data published by the Czech Statistics Office

Polish PPI drops 0.1% y/y in October

bne IntelliNews November 25, 2019

The reading sees PPI inflation drop below the zero line for the first time since February 2018.

Czech economic growth to slow to 2.1% in 2020, according to OECD

Nelly Tomchikova in Prague November 22, 2019

The Czech economic growth is projected to slow to 2.1% in 2020 from 2.6% this year, driven mainly by falling household consumption and reduced government spending says the OECD

Czech industrial producer prices' growth slowed to under 1% in October

bne IntelliNews November 19, 2019

The year-on-year growth of Czech producer price index of inflation (PPI) slowed to 0.9% in October from 1.9% in September

Czech economic growth slows to 2.5% in 3Q19

bne IntelliNews November 18, 2019

The Czech economic growth has slowed to 2.5% year-on-year and 0.3% quarter-on-quarter in 3Q19, most likely driven by household consumption, according to preliminary estimates released by the Czech Statistics Office (CSO) on November 14.

Slovakia's consumer prices up by 2.7% y/y in October

bne IntelliNews November 18, 2019

Saxo Bank analyst John Hardy blames ECB policy for high inflation in Slovakia.

Slovakia's GDP decelerates sharply in 3Q19 due to falling foreign demand

Nelly Tomcikova in Prague November 15, 2019

Slovakia's GDP increased by 1.3% year-on-year in the 3Q19, far below expectations, driven mainly by lower foreign demand. Growth increased by 1.8% y/y after seasonal adjustments, and by 0.4% quarter-on-quarter, according to preliminary data published