Emerging Europe Data Response Turkey CPI (Jan.) The sharp rise in Turkish inflation last month, to 9.2% y/y, was due largely to higher petrol and food inflation. The impact of the weaker lira on core inflation has been surprisingly muted so far. At... 3rd February 2017 · 1 min read
Emerging Europe Data Response Russia GDP (2016) The preliminary estimate of Russian 2016 GDP, which showed a small contraction of 0.2% over the year as a whole, was a bit better than expected and is consistent with the idea that the economy... 1st February 2017 · 1 min read
Emerging Europe Data Response Manufacturing PMIs (Jan.) Last month’s PMIs for Emerging Europe indicate that the region’s manufacturing sectors made an impressive start to the year. The surveys suggest that industrial production growth in Central Europe... 1st February 2017 · 1 min read
Emerging Europe Data Response Economic Sentiment Indicators (Jan.) January’s Economic Sentiment Indicators in Central and Eastern Europe suggest that most economies in the region made a strong start to this year. In particular, today’s data support our view that... 30th January 2017 · 1 min read
Emerging Europe Data Response Russia Activity Data (Dec.) Russia’s construction and retail sectors suffered a fresh slump in December but, overall, it looks like the economy expanded in year-on-year terms in Q4 (by around 0.3%) for the first time since 2014. 25th January 2017 · 1 min read
Emerging Europe Data Response Poland Industrial Production & Retail Sales (Dec.) Polish activity data for December suggest that GDP growth over Q4 as a whole came in at 2.3% y/y, down a touch from 2.5% y/y in Q3. 19th January 2017 · 1 min read
Emerging Europe Data Response Turkey Industrial Production (Nov.) The smaller-than-expected rise in Turkish industrial production in November reinforces the picture that while the economy probably returned to positive growth at the end of last year, the recovery... 9th January 2017 · 1 min read
Emerging Europe Data Response Economic Sentiment Indicators (Dec.) The batch of relatively strong Economic Sentiment Indicators across Central and Eastern Europe in December suggests that, after a disappointing third quarter, GDP growth in the region recovered in Q4. 6th January 2017 · 1 min read
Emerging Europe Data Response Turkey CPI (Dec.) The surprisingly sharp rise in Turkish inflation in December, to 8.5% y/y, was due mainly to a jump in food and energy inflation, although the weakness of the lira is also feeding through into higher... 3rd January 2017 · 1 min read
Emerging Europe Data Response Russia & Poland Activity Data (Nov.) November’s relatively strong Russian activity data were flattered by working-day effects, but they still suggest that the economy is nearing a return to positive growth. Elsewhere, a healthy batch of... 19th December 2016 · 1 min read
Emerging Europe Data Response Russia CPI (Nov.) The further fall in Russian inflation last month, to 5.8% y/y, won’t be enough to prompt the central bank to resume its easing cycle at the rate-setting meeting next week. Nonetheless, we think the... 6th December 2016 · 1 min read
Emerging Europe Data Response Turkey CPI (Nov.) The surprise fall in Turkish inflation in November means that, at the margin, it looks less likely that the MPC will follow up last month’s interest rate hike with another this month. Nonetheless... 5th December 2016 · 1 min read
Emerging Europe Data Response Manufacturing PMIs (Nov.) Last month’s PMIs for Emerging Europe suggest that growth in the region’s manufacturing sector strengthened between Q3 and Q4. At a country level, the surveys suggest that Russia’s recovery is... 1st December 2016 · 1 min read
Emerging Europe Data Response Economic Sentiment Indicators (Nov.) The batch of strong Economic Sentiment Indicators across Central and Eastern Europe this month suggests that GDP growth in the region as a whole recovered in Q4. But while the aggregate picture... 29th November 2016 · 1 min read
Emerging Europe Data Response Poland Industrial Production & Retail Sales (Oct.) The weaker-than-expected batch of Polish activity data for October suggests that the economy remained sluggish at the start of Q4. Our GDP Tracker points to growth of 2.7% y/y last month, only a touch... 21st November 2016 · 1 min read
Emerging Europe Data Response Russia Activity Data (Oct.) October’s activity data showed that the Russian economy’s slow recovery continued at the start of Q4, driven by improvements in industry. But the fresh downturn in retail spending confirmed that... 18th November 2016 · 1 min read
