Crobex and Crobex10 indexes both up sharply on November 16 following positive vaccine news and Moody's upgrade.
Most of CEE is heading for a double-dip recession this year as the latest wave of the crisis will result in fresh contractions in 4Q20, say wiiw economists.
Romania's industrial production returned in September to the same level seen in the same month last year, while the manufacturing sector's output increased by 0.4% y/y.
Romania's headline inflation rate eased to just over 2.2% in October from 2.5% in September and 2.7% in August, falling below the 2.5% centre of the central bank's target band.
Romania's trade deficit increased by 30% y/y to €1.54bn in September, despite the robust performance of exports that marked a thin annual decrease of only 0.5%.
Sales of food, non-food goods and automotive fuel all plunged in September.
Slovenia swings to surplus in 9M20 compared to deficit in same period of 2019, as imports declined faster than exports during the pandemic.
Higher real wages, still moderate unemployment and affordable interest rates pushed up retail sales by 3.8% y/y in the third quarter after a 7.3% y/y contraction in Q2.
New restrictions imposed in countries struggling with a vicious second wave of the pandemic.
Those left with any local currency to spare amid torrid economic situation seen as having little option but to buy USD or gold amid ongoing record lows set by the TRY against the USD.
Serbia has seen steady growth in retail sales since the government lifted lockdown in May.
Serbia is expected to go into recession this year due to the coronavirus pandemic, with the economy seen falling by up to 3.5%.
Forecast comes despite collapse in output earlier in year due to coronavirus crisis. Positive picture in spite of ongoing lira weakness “which is causing inflationary pressures to build”.
The annual fall in prices was driven by goods prices, in particular fuel prices.
New coronavirus infections continued to rise alarmingly in Central and Southeast Europe as the centre of the pandemic shifts back to Europe.
World Bank forecasts Serbia’s economy to shrink by just 3% as it benefits from the Western Balkans’ biggest stimulus package and a low share of tourism in the economy.
Worst losing streak since 1999. Goading of EU leaders and daring US to hit Ankara with sanctions not helping amid the economic indigestion.