Southeast Europe / Data

Romania’s construction market maintains solid growth in Q3

Iulian Ernst in Bucharest November 18, 2019

The growth in the volume of construction works in Romania accelerated to 35.4% y/y in Q3, as the sector turns into a significant growth driver.

Romania’s industrial production sees sharpest correction in past decade

bne IntelliNews November 14, 2019

Industrial output contracted by 3.6% y/y in Q3, which was the sharpest decline seen since the 2008-2009 recession.

Romania’s sluggish Q3 exports raise questions about still buoyant import-driven consumption

Iulian Ernst in Bucharest November 12, 2019

Romania’s exports of goods increased by only 0.5% y/y to €17.0bn in Q3, which was the weakest performance in the past seven years.

Auto sales in Turkey leap 128% in Oct as cut loan rates entice consumers

bne IntelliNews November 4, 2019

Despite strong sales performance of past two months, auto sales still 32% lower in first 10 months of 2019 year on year.

TURKEY INSIGHT: Officials say CPI now at 3-yr low but experts not convinced data is sound

bne IntelliNews November 4, 2019

“Not sure many people locally believe the data,” says one analyst. “I wouldn't be buying the mkt regardless. Too much $hit flying round,” remarks another.

Slowdown on the cards for Central Europe as economic sentiment plunges

bne IntelliNews October 30, 2019

The European Commission’s Economic Sentiment Indicators (ESIs) turned south across Central Europe in October, suggesting the economies of the region will slow down from here as a miasma descends.

Immigration drives population increase in Slovenia

bne IntelliNews October 29, 2019

Slovenia is a rare example of a Southeast European country whose population is growing, in a region where most countries are experiencing a population decline driven by mass emigration.

Romania’s “solid” M&A market to remain active says Deloitte

Iulian Ernst in Bucharest October 23, 2019

Number of deals remained steady in Q3 though volume down after unusually high M&A activity in the same quarter last year. Deloitte points to strong pipeline of deals set to close in the coming months.