Southeast Europe / Data

Albanian central bank raises policy rate to 2.25%

bne IntelliNews October 5, 2022

Supply-side shocks and heightened uncertainty in international markets are pushing up inflation in Albania.

S&P sees ‘bleak’ prospects for Turkish manufacturing after assessing latest PMI data

bne IntelIiNews October 3, 2022

Demand conditions home and abroad, notably in Europe, “challenging”, September survey shows.

Turkish official inflation calculated at 83% y/y for September

Akin Nazli in Belgrade October 3, 2022

ENAG researchers contend rate was 186% y/y in reality.

Bosnia posts annual CPI inflation of 16.8% y/y in August

bne IntelliNews September 27, 2022

Consumer prices in the country increased the most for food and transport.

IMF sees Romania’s economy growing by 4.8% in 2022, analysts are even more bullish

bne IntelliNews September 27, 2022

Romania’s GDP is expected to grow by 4.8% in 2022 and 3.4% in 2023, “supported mainly by momentum in domestic demand”, the IMF said.

Moldova’s manufacturing activity plunges to levels not seen since lockdown

bne IntelliNews September 23, 2022

Moldova’s industrial output plunged by 14.4% y/y in July, when the activity in the manufacturing sector reached the lowest level seen in the past decade except for the March-April lockdown months in 2020.

Analysts wrong again as 'unorthodox' Turkey cuts rates another 100 bp

Akin Nazli in Belgrade September 22, 2022

Benchmark now 12% versus official inflation of 80.2%. Lira continues to sink.

Albanians trust international organisations and religious institutions more than their politicians

bne IntelliNews September 22, 2022

More than 70% of Albanians trust the EU, the UN and Nato compared to only one quarter who trust the president or political parties.

Montenegro’s economy posts 12.7% y/y growth in 2Q22

bne IntelliNews September 22, 2022

Growth is expected to slow later in 2022 as the war in Ukraine affects tourism and other key sectors.

Moldova’s retail sales freeze as households expect high energy bills

bne IntelliNews September 21, 2022

Record inflation of over 30% has also dragged down households’ capacity to consume.

Construction activity resilient in Romania despite rising costs

bne IntelliNews September 20, 2022

Profitability of construction activity deteriorated significantly in the second quarter of 2022.

North Macedonia’s FX reserves continue to grow in August

bne IntelliNews September 12, 2022

Skopje builds up reserves for second month after several months of decline in fx reserves.

Moldova’s inflation hits 34.3% y/y in August

bne IntelliNews September 12, 2022

Soaring natural gas prices kept Moldova's inflation on upward trajectory despite central bank's rate hikes.

Romania’s unexpected Q2 economic growth driven by services and piling-up inventory

Iulian Ernst in Bucharest September 8, 2022

Romania’s GDP increased by 5.3% y/y in Q2, driven by the services sector and a significant increase in inventory.

Romania’s retail sales resilient to inflation, up 2.5% y/y in July

bne IntelliNews September 6, 2022

Households’ purchasing power is being eroded by the rising inflation, but people keep spending as they expect even higher prices in future.

Turkey’s official inflation rate inches past 80% y/y in August, ENAG calculates 181% y/y

Akin Nazli in Belgrade September 5, 2022

Country stays in sixth place in global inflation league.

PMI shows Turkish manufacturing in August hindered by lack of new orders, softening demand in Europe

bne IntelIiNews September 1, 2022

Survey shows clearly challenging market conditions, with weakness in both domestic and export markets.

Bosnia posts annual CPI inflation of 16.7% y/y in July

bne IntelliNews August 30, 2022

The rise in consumer prices accelerated from the 15.8% y/y increase in June.

North Macedonia’s PPI growth accelerates further to 24.8% y/y in July

bne IntelliNews August 29, 2022

Producer prices in utilities went up the most, by an annual 49% in July.

Croatia ramps up power production from fossil fuels

bne IntelliNews August 25, 2022

Net electricity production was up 14% y/y in June due to a significant rise in thermal power production, while hydropower generation fell.