January temperature records broken across Europe
Eight countries in Europe recorded all-time high temperature records for January on New Year’s Day this year. The following data draws from the visualization of meteorologist Scott Duncan and reports by the BBC, Statista reports.
Thousands of local measuring stations across the continent saw peak temperatures on January 1. These included locations in Poland, Denmark, the Netherlands, Belarus, The Czech Republic, Spain, Lithuania and Latvia. Peak records usually increase by a few tenths of a centigrade. However, this year Warsaw saw a four degree rise compared to the month’s prior record, hitting 18.9°C.
The BBC reports that even more extreme temperatures were seen in Bilbao, northern Spain, which reached 25.1°C on Sunday - a 10 degree jump from the month's usual average. Meanwhile, Liechtenstein’s capital of Vaduz hit 20°C and the Czech Republic town of Javornik saw highs of 19.6°C.
You will find more infographics at Statista
Russia’s strong growth, driven by heavy military spending, has created growing inflationary pressure as the economy starts to overheat, the Bank of Finland institute for Emerging Economies (BOFIT) says in its weekly update.
In the most recent poll conducted by the Russian Public Opinion Research Center (VTsIOM), President Vladimir Putin's trust rating remained steady at 78.5%.
Ukraine’s leading investment bank Dragon Capital has cut its GDP forecast for Ukraine in 2024 in half to 4% y/y in anticipation of another year of war, The New Voice of Ukraine reported on December 7.
Czech industrial production increased by 1.9% year on year and by 2.8% month on month in October. The October increase follows a 5% slump registered in September, which alarmed local analysts.
Since 2018, economy has carried risk of severe balance of payments crisis. For the removal of that risk, the central bank’s net in and off-balance sheet FX position should at least turn positive.
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