Emerging Europe Economics Update Q2 slowdown a sign of things to come Leading indicators suggest that annual growth slowed in pretty much every economy in the region in Q2 of this year. Unfortunately, rather than being just a temporary blip, we think that this is a sign... 3rd August 2011 · 1 min read
Emerging Europe Chart Pack Inflation close to peaking Inflation is close to peaking in most countries in Emerging Europe. Indeed, it may already have done so in Russia. 29th July 2011 · 1 min read
Emerging Europe Economics Focus Euro-crisis: How big is the contagion threat? The prevailing view that Emerging Europe should be able to avoid contagion from the escalating crisis in the euro-zone could prove to be dangerously complacent. At the very least, strong trade ties... 22nd July 2011 · 1 min read
Emerging Europe Economics Update E.coli outbreak not the only disinflationary factor Inflation fell sharply in most countries in the region last month, due in large part to a surprise drop in food prices. This appears to have been driven by one-off factors relating to the outbreak of... 20th July 2011 · 1 min read
Emerging Europe Economics Update Inflationary pressures retreat Although one-off factors such as the e.coli outbreak may be behind the sharp drop in prices of seasonal fruit and vegetables in June, today’s CPI data reveal few inflationary pressures in the region... 13th July 2011 · 1 min read
Emerging Europe Chart Pack Running into external headwinds The economies of Emerging Europe are running into external headwinds. The most obvious of these is the deepening sovereign debt crisis in the euro-zone, which, despite the fact that Greece looks to... 1st July 2011 · 1 min read
Emerging Europe Economics Update Inflation still driven by food and energy Headline inflation has remained at uncomfortably high levels across the region, at the same time as activity in industrial and service sectors is beginning to wane. This underscores the policy dilemma... 17th June 2011 · 1 min read
Emerging Europe Economic Outlook Inflation to slow in 2012, Turkey the exception The spike in inflation that has dominated the headlines in recent months should be short-lived. In most countries, rising inflation has been driven by higher food and energy inflation, which in turn... 25th May 2011 · 1 min read
Emerging Europe Economics Update Romania: Two speed ahead Romania’s recovery will be two-speed, with industrial output boosted by foreign demand (especially from Germany) while domestic demand will remain sluggish. We expect the central bank to keep rates on... 8th April 2011 · 1 min read
Europe Commercial Property Update Capital value growth outlook still weak in Budapest and Bucharest Q4’s rebound in all-property capital values in Budapest and Bucharest is unlikely to mark the start of a rapid recovery. Indeed, weak economic growth prospects argue against a near-term recovery in... 29th March 2011 · 1 min read
Emerging Europe Economic Outlook Growth to slow in the second half The recovery in Emerging Europe remains broadly on track. GDP growth rates are likely to prove solid, if not spectacular, in a number of countries over the coming years with Turkey, Poland and, in the... 24th March 2011 · 1 min read
Europe Commercial Property Update Hungarian and Romanian commercial property markets to lag behind The latest RICS global survey presents a more optimistic outlook for capital value growth in Hungary and Romania than our current forecasts imply. But we think that surveyors may be overstating the... 21st February 2011 · 1 min read
Emerging Europe Economics Update Czech policymakers turn hawkish The hawkish comments that accompanied today’s decision to leave Czech interest rates unchanged have pushed the koruna above 24/euro for the first time since October 2008. But while the chances of an... 3rd February 2011 · 1 min read
Emerging Europe Chart Pack A two speed 2011 2010 has been a year of recovery for Emerging Europe. This process should continue in 2011 but there are at least three important points for investors to bear in mind. First, growth is unlikely to... 21st December 2010 · 1 min read
Emerging Europe Economics Update Monetary policy to get creative in 2011 For much of Emerging Europe growth concerns continue to outweigh inflation worries. Accordingly, monetary policy will remain accommodative in most countries next year. The exception to this is Turkey... 14th December 2010 · 1 min read
