Emerging Europe Data Response Economic Sentiment Indicators (July The widespread rises in Economic Sentiment Indicators across Emerging Europe this month provide an early sign that the region’s economies have so far been unscathed by the UK’s vote to leave the EU. 28th July 2016 · 1 min read
Emerging Europe Data Response Russia Activity Data (Jun.) Russia’s activity data for June suggest that output probably contracted at the same pace in Q2 as it did in Q1. Industry has remained the key driver of the economy, but this has been offset by weak... 19th July 2016 · 1 min read
Emerging Europe Data Response Poland Industrial Production & Retail Sales (Jun.) June’s strong activity data from Poland were flattered by working day effects, but the underlying trend seems pretty strong. Indeed, the figures suggest that GDP growth may have picked up to around 3... 19th July 2016 · 1 min read
Emerging Europe Data Response Turkey Ind. Production & Current Account (May) Despite May’s sharper-than-expected rise in Turkish industrial production, growth over Q2 as a whole appears to have been weaker than in Q1. Meanwhile, May’s balance of payments data showed another... 14th July 2016 · 1 min read
Emerging Europe Data Response Turkey CPI (Jun.) The much sharper-than-expected rise in Turkish inflation last month, to 7.6% y/y, confirms our view that the recent falls in the headline rate were unsustainable. The central bank might still use last... 4th July 2016 · 1 min read
Emerging Europe Data Response Economic Sentiment Indicators (Jun.) This month’s Economic Sentiment Indicators in Emerging Europe suggest that growth in the region as a whole eased a touch at the end of the current quarter. These data don’t capture the impact from the... 29th June 2016 · 1 min read
Emerging Europe Data Response Russia Activity Data (May) Today’s weaker-than-expected Russian activity data for May provide early signs that the fall in GDP in Q2 may be larger than in Q1. Consumer-facing sectors continued to bear the brunt of Russia’s... 20th June 2016 · 1 min read
Emerging Europe Data Response Poland Industrial Production & Retail Sales (May) Today’s batch of Polish activity data for May was disappointing and as things stand growth in Q2 is shaping up to be a little slower than Q1’s 3.0% y/y. But the slowdown has been modest and today’s... 17th June 2016 · 1 min read
Emerging Europe Data Response Turkey GDP (Q1) & Current Account (Apr.) Growth in the Turkish economy slowed a little in Q1, but it was still extremely strong at 4.5% y/y in working day adjusted terms. Consumption remained the key driver of growth, while investment... 10th June 2016 · 1 min read
Emerging Europe Data Response Turkey Industrial Production (Apr.) The sharp slowdown in Turkish industry in April suggests that, after a relatively strong Q1, the economy probably slowed at the start of the second quarter. It looks like the boost to the... 8th June 2016 · 1 min read
Emerging Europe Data Response Russia CPI (May) Russian inflation remained unchanged at 7.3% y/y in May for the third consecutive month, but it looks like it is on course to edge up over the coming months. As a result, we think that the central... 6th June 2016 · 1 min read
Emerging Europe Data Response Manufacturing PMIs (May) Manufacturing PMIs strengthened in most countries across Emerging Europe in May. The rise in the PMIs in Central Europe (Poland, Hungary and the Czech Republic) provides further evidence that the... 1st June 2016 · 1 min read
Emerging Europe Data Response Russia Activity Data (Apr.) The improvement in the Russian activity data for April, coming on the back of last week’s better-than expected Q1 GDP figures, provides further evidence that the economy is on a slow path to recovery... 23rd May 2016 · 1 min read
Emerging Europe Data Response Polish Ind. Production & Retail Sales (Apr.) The strength of Polish activity data for April, released today, confirms our suspicion that the weakness seen in Q1 was likely to prove temporary. Indeed, it looks like the economy expanded by around... 19th May 2016 · 1 min read
Emerging Europe Data Response Czech GDP (Q1) The slowdown in Czech GDP in Q1, to 3.1% y/y from 4.0% y/y, confirms that last year’s bumper growth rates were temporary. But the economy is still strong and today’s figures, coming alongside... 17th May 2016 · 1 min read
Emerging Europe Data Response Russia GDP (Q1 2016) The shallower-than-expected 1.2% y/y fall in Russia’s GDP in the first quarter confirms that the acute phase of the crisis is now over. And the annual growth rate could return to the positive... 16th May 2016 · 1 min read
