Emerging Europe Rapid Response Hungary Interest Rate Announcement (Nov.) 19th November 2024 · 2 mins read
Emerging Europe Economics Weekly CEE struggling, Turkish lira an unlikely outperformer The Q3 GDP data released out of Central and Eastern Europe (CEE) this week has only added to worries about the health of the region’s economies, but with inflation still a concern – and in some cases... 15th November 2024 · 7 mins read
Emerging Europe Economics Weekly Hungary back in recession, War in Ukraine The Q3 GDP data out of Central Europe this week continued a bleak run of activity data for the region, with Hungary’s economy significantly underperforming expectations. The risks to our GDP growth... 1st November 2024 · 8 mins read
Emerging Europe Chart Pack Emerging Europe Chart Pack (Oct. 2024) Our Emerging Europe Chart Pack has been updated with the latest data and our analysis of recent developments. The latest activity data out of Emerging Europe have been surprisingly weak, and GDP... 31st October 2024 · 1 min read
Emerging Europe Rapid Response Hungary & Czechia GDP (Q3) The weaker-than-expected Q3 GDP data out of Central Europe, which showed that the Hungarian economy slipped back into recession last quarter, suggests that stagnating demand from the euro-zone is... 30th October 2024 · 2 mins read
Emerging Europe Economics Weekly Poland’s retail sales shocker, BRICS and the dollar The substantial drop in Polish retail sales in September has been interpreted by some analysts as evidence that the engine of the economy is beginning to fail, but we think that these fears are... 25th October 2024 · 7 mins read
Emerging Europe Rapid Response Hungary Interest Rate Announcement (Oct.) The Hungarian central bank acknowledged the possibility that interest rates could be left on hold for an “extended period” after it paused its easing cycle today. We maintain our forecast that the... 22nd October 2024 · 2 mins read
Emerging Europe Economics Focus CEE: rapid wage growth to keep fuelling inflation The persistent strength of wage growth in Central and Eastern Europe (CEE) reflects continued tightness in labour markets and lingering effects from the 2022-23 inflation shock. While the latter... 21st October 2024 · 15 mins read
Emerging Europe Economics Weekly Current accounts, BRICS preview, Sinwar death The current account data released across the region over the past week show that external positions have continued to improve in some countries (notably Turkey), while in others they are deteriorating... 18th October 2024 · 7 mins read
Emerging Europe Economics Weekly September CPI data, Poland’s fiscal tightening plans The batch of September inflation data this week offered some welcome signs for policymakers, but the Hungarian central bank seems concerned about recent currency weakness which means that the easing... 11th October 2024 · 7 mins read
Emerging Europe Chart Pack Emerging Europe Chart Pack (Sep. 2024) Our Emerging Europe Chart Pack has been updated with the latest data and our analysis of recent developments. Economies across Emerging Europe have struggled recently, and we forecast below consensus... 26th September 2024 · 1 min read
Emerging Europe Rapid Response Hungary Interest Rate Announcement (Sep.) The communications accompanying the decision by the Hungarian central bank (MNB) to resume its easing cycle today suggests that the central bank could pause interest rate cuts again very soon. We... 24th September 2024 · 2 mins read
Emerging Europe Economics Weekly Flooding in Central Europe, Israel’s new phase of war The flooding across Central Europe over the past week will likely weigh on activity in September, but we think that the economic impact will be relatively short-lived and won’t shift the monetary... 20th September 2024 · 8 mins read
Emerging Europe Economic Outlook Inflation and fiscal risks simmering We have generally revised down our growth forecasts for this year and next. Weakness in the euro-zone will remain a drag on export sectors across Central and Eastern Europe in the coming quarters... 17th September 2024 · 22 mins read
Emerging Europe Economics Weekly CEE easing cycles still likely to be slow from here While interest rate cuts by the ECB this week and the Fed next week, as well as the fall in oil prices, could set the stage for more monetary easing in Central and Eastern Europe (CEE), we still think... 13th September 2024 · 6 mins read
