Emerging Europe Economics Update Odds on Turkish recession start to shorten Turkish policymakers left interest rates unchanged today, but hinted that further policy loosening may be on the way. Yet even if additional stimulus is ultimately justified by a renewed downturn in... 24th August 2011 · 1 min read
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 Update Next move in Hungarian rates should still be down The National Bank of Hungary is in a bind. On the one hand, growth remains pretty sluggish. But on the other, the high level of Swiss franc-denominated household debt limits the scope for, and the... 27th 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 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 No quick fix to Hungary's FX debt problem Media reports suggest that the Hungarian government is close to unveiling a draft plan aimed at dealing once and for all with the legacy of the FX-debt boom that brought the country’s banking sector... 19th May 2011 · 1 min read
Emerging Europe Economics Update Next move in Hungarian interest rates should be down Today’s decision by the National Bank of Hungary (NBH) to keep interest rates on hold at 6.00% for the fourth consecutive meeting underlines how inflation fears have slipped down policymakers’ list of... 16th May 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
Emerging Europe Economics Update Hungary's fiscal reforms: impressive rhetoric but short on detail The long-awaited ‘structural revamp’ of the public finances that was unveiled by Hungary’s government earlier today was big on rhetoric but short on detail. The bottom line is that the government’s... 1st March 2011 · 1 min read
Emerging Europe Economics Update Hungary rates on hold but doubts over fiscal plans persist The National Bank of Hungary kept rates unchanged at 6% earlier today, as expected, bringing to an end a short-lived tightening cycle that had spanned three months. Inflation is likely to slow over... 21st February 2011 · 1 min read
