Emerging Europe Chart Pack Inflation jumps, but no rush to tighten The jump in inflation across much of Emerging Europe last month has shifted the focus onto policy tightening. But in most cases this has been a one-off rise from higher fuel inflation, and there is... 23rd March 2017 · 1 min read
Emerging Europe Chart Pack A strong start to the year The latest data suggest that the economies of Emerging Europe got off to a good start to the year. Our regional aggregates of the manufacturing PMIs and the European Commission’s Economic Sentiment... 22nd February 2017 · 1 min read
Emerging Europe Chart Pack Focus turns to policy tightening The sharp fall in the Turkish lira has forced the central bank to tinker with its monetary policy setup in an effort to shore up the currency, and we think hikes in key policy interest rates loom... 24th January 2017 · 1 min read
Emerging Europe Chart Pack Ending the year with a whimper Most economies in Emerging Europe enjoyed a strong first half of 2016, but regional growth has slowed sharply over the second half of the year. Q3 GDP data showed that the Turkish economy suffered an... 15th December 2016 · 1 min read
Emerging Europe Chart Pack Turkey’s vulnerabilities come home to roost The risks posed by Turkey’s heavy dependence on foreign capital inflows came to a head this month, with the lira falling the furthest of any EM currency in November. This has been driven in part by... 30th November 2016 · 1 min read
Emerging Europe Chart Pack Further signs of regional slowdown The past month brought further signs of a slowdown in regional growth in Q3. Turkey is the main culprit. Growth there appears to have slowed to a crawl following July’s coup attempt, which hit... 25th October 2016 · 1 min read
Emerging Europe Chart Pack Turkish downgrade puts economic slowdown in spotlight Moody’s downgrade of Turkey’s sovereign credit rating this month and the loss of the country’s investment grade status caused a small and short-lived sell-off in local financial markets, but perhaps... 27th September 2016 · 1 min read
Emerging Europe Chart Pack Some signs of a slowdown at the start of Q3 The raft of second quarter GDP figures for Emerging Europe released this month painted a relatively bright picture, as regional growth hit a two-year high of 1.5% y/y. However, some of the more timely... 26th August 2016 · 1 min read
Emerging Europe Chart Pack After the coup... The failed military coup in Turkey and subsequent government backlash have dominated investors’ concerns over the past week and triggered a sell-off in local financial markets. Policymakers have... 22nd July 2016 · 1 min read
Emerging Europe Chart Pack CEE markets focus on Brexit risks The focus of investors in Central and Eastern Europe (CEE) is now squarely on the UK’s Brexit vote tomorrow. CEE has the largest linkages with the UK of any EM region, and so is more exposed to... 22nd June 2016 · 2 mins read
Emerging Europe Chart Pack Oil rally helps to lift pessimism over Russia Some of the gloom surrounding Russia’s economy seems to have lifted over the past month. The rise in oil prices has triggered a rally in local financial markets – the ruble is up by 12% against the... 25th April 2016 · 1 min read
Emerging Europe Chart Pack Making a good start to the year Data released over the past month have provided further evidence that regional growth strengthened at the start to the year. Admittedly, the region’s largest economy, Russia, remains in recession. But... 23rd March 2016 · 1 min read
Emerging Europe Chart Pack Central & South Eastern Europe remains an EM bright spot The latest data from Central and South Eastern Europe (C&SEE) serve as a timely reminder that, despite widespread pessimism, some parts of the emerging world are faring well. Flash Q4 GDP estimates... 22nd February 2016 · 1 min read
Emerging Europe Chart Pack Oil price fall dents hopes for stabilisation in Russia The latest fall in oil prices and in the ruble since the start of the year has dealt a blow to hopes that Russia’s economy would stabilise in the near future. Fiscal policy is likely to be tightened... 26th January 2016 · 1 min read
Emerging Europe Chart Pack 2015: A year of divergence Economic performances have diverged markedly across Emerging Europe this year, due in large part to the collapse in oil prices. Lower energy costs have kept inflation low in Central and South Eastern... 11th December 2015 · 1 min read
Emerging Europe Chart Pack Turning the corner The raft of preliminary GDP data published over the past month showed that the slump in regional growth bottomed out in the third quarter of this year. We estimate that, in aggregate, GDP in Emerging... 26th November 2015 · 1 min read
