Emerging Europe Data Response Russia Activity Data (Mar.) Russian industrial production and retail sales figures showed a marked divergence in growth in March, but the big picture is that activity has picked up recently and that the economy held up well in... 20th April 2021 · 2 mins read
Emerging Europe Data Response Turkey Industrial Production & Retail Sales (Feb.) Turkey’s activity figures for February suggest that the economy lost momentum in the first quarter of this year and the recent surge in COVID-19 cases, combined with the tightening of financial... 13th April 2021 · 2 mins read
Emerging Europe Data Response Russia Consumer Prices (Mar.) The further rise in Russia’s headline inflation rate last month, to 5.8% y/y, is likely to prompt the central bank to follow up March’s interest rate hike with further tightening. We have pencilled in... 6th April 2021 · 2 mins read
Emerging Europe Data Response Russia GDP (Q4 2020) The improvement in Russian GDP growth to -1.8% y/y in Q4 was driven by a rebound in household consumption and investment and confirms that the economy held up well during the second virus wave. This... 1st April 2021 · 2 mins read
Emerging Europe Data Response Manufacturing PMIs (Mar.) The manufacturing PMIs showed that supply problems intensified in March, and this continued to push up price pressures. While supply disruption also artificially pushed up the headline PMIs, there are... 1st April 2021 · 2 mins read
Emerging Europe Data Response Economic Sentiment Indicators (Mar.) The EC’s Economic Sentiment Indicators (ESIs) showed an improvement across most of Central and Eastern Europe in March, despite a surge in virus cases across the region. That said, sentiment in... 30th March 2021 · 2 mins read
Emerging Europe Data Response Russia Activity Data (Feb.) Russian industrial production and retail sales figures for February are consistent with GDP falling by around 4.0% y/y at the start of the year. The economy is struggling to gain momentum and, with... 19th March 2021 · 2 mins read
Emerging Europe Data Response Poland Activity Data (Feb.) The latest Polish activity data for February were a little weaker than expected which, combined with the growing headwinds to the industrial sector and the reimposition of virus containment measures... 19th March 2021 · 2 mins read
Emerging Europe Data Response Turkey Industrial Production & Retail Sales (Jan.) The Turkish activity figures for January suggest that the economy held up relatively well despite the tightening of COVID-19 containment measures around the turn of the year. And there are encouraging... 12th March 2021 · 2 mins read
Emerging Europe Data Response Russia Consumer Prices (Feb.) The larger-than-expected rise in Russian inflation to a more than four-year high of 5.7% y/y in February is likely to be followed by another increase in March which poses a serious challenge to the... 5th March 2021 · 2 mins read
Emerging Europe Data Response Turkey Consumer Prices (Feb.) The stronger-than-expected rise in Turkey’s headline inflation rate, to 15.6% y/y in February, is likely to mark the peak and we expect inflation to fall steadily over the next six months or so. But... 3rd March 2021 · 3 mins read
Emerging Europe Data Response Manufacturing PMIs (Feb.) The manufacturing PMIs for February showed strong increases in output and new export orders in Poland and Russia, while manufacturing conditions deteriorated in Turkey and Czechia. The survey also... 1st March 2021 · 2 mins read
Emerging Europe Data Response Turkey GDP (Q4 2020) Turkey’s economy continued to recover in Q4 2020 and was one of the few economies around the world to grow over last year as a whole. But there are signs that activity faltered at the tail end of the... 1st March 2021 · 3 mins read
Emerging Europe Data Response Economic Sentiment Indicators (Feb.) The EC’s Economic Sentiment Indicators (ESIs) showed an improvement in sentiment across Central and Eastern Europe in February. A broad-based pick up in services sentiment drove the increase, while... 25th February 2021 · 2 mins read
Emerging Europe Data Response Poland Activity Data (Jan.) Polish activity data for January suggest that the economy broadly stagnated at the start of the year as the extension of virus containment measures hit the retail sector while industry remained... 19th February 2021 · 2 mins read
Emerging Europe Data Response Russia Activity Data (Jan.) Russian activity data for January show that industry came off the boil at the start of the year while activity in the retail sector picked up strongly. The fall in virus cases and relaxation of some... 18th February 2021 · 2 mins read
