Eurasia / Data

RenCap raises year-end interest rate forecasts for Ukraine, Belarus and Armenia

bne IntelliNews July 27, 2021

Investment bank Renaissance Capital says central banks in the region have been more hawkish than expected, following a series of rate hikes.

Georgia’s June domestic exports expand 18.5% versus two years ago

Iulian Ernst in Bucharest July 20, 2021

Against first half of 2020, exports, at $1.38bn, rose by 27.8% y/y and, more importantly when it comes to the long-term trend, grew 24.2% compared to 1H 2019.

Kyrgyz economy contracts by 1.7% in H1

Kanat Shaku in Almaty July 14, 2021

Trend, however, suggests economic recovery may be taking hold.

Georgia's foreign trade in first half up 21.3% y/y

bne IntelIiNews July 14, 2021

Georgia's foreign trade turnover recovered to pre-coronavirus crisis levels in Jan-Jun this year. The trade deficit was slightly smaller, yet amounted to 15% of full-year GDP.

Kazakh annual CPI inflation at 7.9% in June

bne IntelliNews July 7, 2021

Analysts predict bank could intervene in second half to bring inflation closer to its 4-6% target corridor.

Georgia’s headline inflation soars to 9.9% y/y in June

bne IntelliNews July 6, 2021

Georgia’s consumer price inflation came in at 9.9% year on year in June, a major 2.2pp rise from 7.7% y/y in the previous month, according to Geostat.

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.

Pashinyan scores stunning victory in Armenian election

Neil Hauer in Yerevan & Will Conroy in Prague June 21, 2021

Armenia's Nikol Pashinyan set to return to full office after trouncing his rival in the country's general election despite projections it would be close-run.

Mongolia’s inflation rate reaches 6.2% in May

bne IntelliNews June 17, 2021

Mongolia’s national consumer inflation is at 6.2%, up by 0.7% m/m.

BAG Business Climate Index improves in Georgia with current situation seen as “nearly normal”

Iulian Ernst in Bucharest June 17, 2021

Expectations close to pre-crisis levels.

Net money transfers to Georgia up 31% during crisis

Iulian Ernst in Bucharest June 16, 2021

Data outlines genuine upward trend.

Kazakh annual CPI inflation at 7.2% in May

bne IntelIiNews June 3, 2021

Annual consumer price index (CPI) inflation in Kazakhstan stood at 7.2% in May, according to data published by the country’s statistics office.

Kazakh GDP contracts 1.5% y/y in Q1 updated figures show

bne IntelIiNews June 3, 2021

Kazakhstan's GDP contracted by 1.5% y/y in the first quarter, according to latest official figures provided by the national statistics office.

Georgia's April PPI climbs at fastest rate in a decade

bne IntelIiNews May 21, 2021

Georgia's Producer Price Index (PPI) for industrial products in April rose by 3.2% m/m and 17.5% y/y, reaching the steepest annual rate seen in a decade.

COVID-19 wipes out around 12.2% of Georgia’s jobs as of Q1

bne IntelIiNews May 21, 2021

The number of formally employed Georgians decreased by 12.2% y/y in Q1 to 782,000, implying that around 108,000 jobs were wiped out by the coronavirus-driven crisis.

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