Emerging Europe Data Response Russia Consumer Prices (Sep.) Inflation continued to fall in Russia in September, to 13.7% y/y, but at a much slower rate than in previous months. The recent period of strong disinflation is coming to an end and the central bank... 7th October 2022 · 2 mins read
Emerging Europe Data Response Manufacturing PMIs (Sep.) & Turkey CPI (Sep.) Manufacturing PMIs for September were a mixed bag, but continued to paint a weak picture of industrial activity in Turkey, Czechia and Poland in Q3. In contrast, the downturn in Russian industry... 3rd October 2022 · 3 mins read
Emerging Europe Data Response Economic Sentiment Indicators (Sep.) The EC’s Economic Sentiment Indicators for September out of Central and Eastern Europe revealed a further decline and suggest to us that the region as a whole is at the start of a recession. Meanwhile... 29th September 2022 · 3 mins read
Emerging Europe Data Response Russia Activity Data (Aug.) Russia’s industrial production and retail sales figures for August suggest that the downturn has bottomed out, but activity is only levelling off and a sustained recovery looks some way off. 28th September 2022 · 3 mins read
Emerging Europe Data Response Poland Activity Data (Aug.) The industrial production and retail sales figures for Poland for August show that economic activity has started to recover after suffering contractions in Q2. But this recovery is unlikely to be... 21st September 2022 · 3 mins read
Emerging Europe Data Response Turkey Industrial Production & Retail Sales (Jul.) Turkey’s activity figures for July showed m/m declines in both industrial production and retail sales and suggest that the period of strong growth during the summer may be coming to an end. And with... 13th September 2022 · 3 mins read
Emerging Europe Data Response Russia Consumer Prices (Aug.) & GDP (Q2) Inflation continued to fall sharply in Russia in August, to 14.3% y/y, and there’s little standing in the way of another interest rate cut by the central bank next week. We expect a 50bp reduction to... 9th September 2022 · 3 mins read
Emerging Europe Data Response Turkey Consumer Prices (Aug.) Inflation hit 80.2% y/y in Turkey in August, breaching 80% for the first time since 1998. Even so, the central bank is likely to remain beholden to President Erdogan’s wishes for looser policy and it... 5th September 2022 · 3 mins read
Emerging Europe Data Response Manufacturing PMIs (Aug.) Manufacturing PMIs for August were a mixed bag, with further signs that Russian industry is recovering while PMIs in Turkey, Poland and Czechia remained weak and are consistent with contractions in... 1st September 2022 · 3 mins read
Emerging Europe Data Response Russia Activity Data (Jul.) Russia’s industrial production and retail sales figures for July were stronger than expected and provide the first tangible evidence that the downturn in the economy is bottoming out. Join our EM team... 31st August 2022 · 3 mins read
Emerging Europe Data Response Turkey GDP (Q2 2022) Turkey’s economy posted another robust quarter of growth in Q2, with GDP rising by 2.1% q/q, as stronger consumption and exports more than offset weaker investment. But strong growth is merely adding... 31st August 2022 · 3 mins read
Emerging Europe Data Response Economic Sentiment Indicators (Aug.) The EC’s Economic Sentiment Indicators for Central and Eastern Europe for August continued the trend in recent months of very weak data releases for the region and point to a sharp slowdown in GDP... 30th August 2022 · 3 mins read
Emerging Europe Data Response Poland Activity Data (Jul.) July’s industrial production, retail sales and construction figures for Poland showed a stabilisation in activity after the surprise 2.3% q/q fall in GDP in Q2. But we expect the economy to stagnate... 22nd August 2022 · 3 mins read
Emerging Europe Data Response Israel GDP (Q2 2022) The stronger-than-expected 6.8% q/q annualised expansion in Israel GDP in Q2 confirms that the Q1 contraction was just a blip. Economic activity remains strong and alongside the red-hot inflation... 16th August 2022 · 3 mins read
Emerging Europe Data Response Russia GDP (Q2 2022) Russian GDP contracted by 4% y/y in Q2, consistent with a fall of 6% in seasonally-adjusted q/q terms – a much better performance than analysts had expected and than had seemed likely a few months ago... 12th August 2022 · 2 mins read
Emerging Europe Data Response Turkey Industrial Production & Retail Sales (Jun.) Turkey’s activity figures for June painted a mixed picture, with industrial production continuing to post solid growth but retail sales suffering a fresh knock. The bigger picture, however, is that... 12th August 2022 · 2 mins read
