Emerging Europe Data Response Russia Consumer Prices (Jul.) Russia’s month-on-month deflation deepened in July as consumer prices fell by a larger-than-expected 0.4% m/m (in y/y terms, the headline rate eased to 15.1%). The disinflationary impact of the strong... 10th August 2022 · 3 mins read
Emerging Europe Data Response Turkey Consumer Prices (Jul.) The modest rise in Turkey’s headline inflation rate to 79.6% y/y in July suggests that inflation is nearing a peak, but it will remain close to these very high rates for several more months and will... 3rd August 2022 · 2 mins read
Emerging Europe Data Response Manufacturing PMIs (Jul.) Manufacturing PMIs for July fell to levels consistent with contractions in industrial production in Q3, with the exception of in Russia, where the downturn in manufacturing seems to have stabilised... 1st August 2022 · 2 mins read
Emerging Europe Data Response Czech GDP (Q2 2022) The 0.2% q/q expansion of Czech GDP in Q2 beat the consensus expectation for a small contraction, but it was roughly in line with what we had expected, and still marked a sharp slowdown in growth from... 29th July 2022 · 2 mins read
Emerging Europe Data Response Economic Sentiment Indicators (Jul.) The EC’s Economic Sentiment Indicators for Central and Eastern Europe showed declines across the region and across sectors in July, supporting our view that economies in the region are in the midst of... 28th July 2022 · 2 mins read
Emerging Europe Data Response Russia Activity Data (Jun.) The Russian industrial production figures for June were surprisingly strong, which likely reflects a pick-up in oil production. But retail sales remain depressed and show no sign of a turnaround. Our... 27th July 2022 · 3 mins read
Emerging Europe Data Response Poland Activity Data (Jun.) The weak set of Polish industrial production and retail sales figures for June provide the strongest evidence yet that the economy is in the midst of a sharp slowdown. It is very likely that GDP... 21st July 2022 · 3 mins read
Emerging Europe Data Response Turkey Industrial Production & Retail Sales (May) Turkey’s activity figures for May show that industrial production and retail sales have now both surpassed their highs from late-2021 despite the weight of sky-high inflation. With strong demand and... 14th July 2022 · 2 mins read
Emerging Europe Data Response Russia Consumer Prices (Jun.) The further decline in Russia’s headline inflation rate to 15.9% y/y in June confirms that inflation has already passed its peak and we expect price pressures to ease further over the coming months... 8th July 2022 · 2 mins read
Emerging Europe Data Response Manufacturing PMIs (Jun.) Manufacturing PMIs for June showed further weakness across the region with the exception of Russia, which seems to have benefitted from a shift from imports toward domestic production. There were some... 1st July 2022 · 2 mins read
Emerging Europe Data Response Russia Activity Data (May) The latest Russian data for May suggest that activity, having declined sharply after Western sanctions were imposed in March, has started to stabilise. Some sectors of manufacturing have benefited... 29th June 2022 · 3 mins read
Emerging Europe Data Response Economic Sentiment Indicators (Jun.) The EC’s Economic Sentiment Indicators for Central and Eastern Europe showed broad-based declines in sentiment across the region and across sectors in June to levels not seen in a year. Economic... 29th June 2022 · 2 mins read
Emerging Europe Data Response Turkey Industrial Production & Retail Sales (Apr.) Turkey’s activity figures for April suggest that the economy has held up well since last year’s currency crisis, but robust activity has added to inflation pressures and contributed to the widening of... 13th June 2022 · 3 mins read
Emerging Europe Data Response Russia Consumer Prices (May) The sharp fall in Russian inflation in May to 17.1% y/y suggests that inflation may have already peaked and price pressures are likely to ease further in the coming months. This will give the central... 8th June 2022 · 2 mins read
Emerging Europe Data Response Russia Activity Data (Apr.) The April activity data for Russia released today show that the imposition of Western sanctions has caused a sharp fall in oil and gas production, a plunge in motor vehicles output and resulted in a... 1st June 2022 · 3 mins read
Emerging Europe Data Response Manufacturing PMIs (May) Manufacturing PMIs for May showed that weaker external demand weighed on export orders in Emerging Europe, and that spillovers from the war in Ukraine hit output. There were some signs of improvement... 1st June 2022 · 2 mins read
