Emerging Europe Economics Update Russia: still struggling at the start of Q3 July’s activity data will do little to ease concerns about the outlook for Russia’s economy. Industrial production accelerated a little and agricultural production strengthened on the back of this... 19th August 2014 · 1 min read
Commodities Update What’s behind the decline in oil prices? Reports that Ukrainian forces have attacked a military convoy from Russia have pushed up oil prices today, but the bigger picture is that they remain much lower than only a few weeks ago. We suspect... 15th August 2014 · 1 min read
Europe Commercial Property Update When will CEE office occupier demand take off? The recent fall in office take-up across the main CEE markets is a concern given the region’s large office development pipelines. But at the same time, the recent strength of office-based employment... 14th August 2014 · 1 min read
Emerging Europe Economics Update Q2 GDP data show recovery in CEE losing momentum Softer growth across much of Central and Eastern Europe in Q2 is likely to be attributed to spillovers from the crisis in Ukraine but, while this may have weighed on business confidence in some... 14th August 2014 · 1 min read
Emerging Europe Economics Update Turkish slowdown to trigger further pressure for rate cuts Recep Tayyip Erdogan’s election victory and intrigue about the composition of the government have dominated the headlines in Turkey. But the fact that the economy has slowed sharply over the past few... 13th August 2014 · 1 min read
Emerging Europe Economics Update Russia: a better Q2, but Q3 could bring further weakness After a torrid Q1, the Russian economy performed a little better in Q2. Although growth slowed a touch in annual terms, output appears to have grown over the quarter. Nonetheless, the respite is... 11th August 2014 · 1 min read
Emerging Markets Trade Monitor EM exports strengthen on Asia rebound Emerging market exports rose at their fastest pace in over a year in June and more timely data suggest that export growth may have strengthened further last month. This improvement has been driven by... 11th August 2014 · 1 min read
Emerging Europe Economics Update Erdogan presidency means more of the same for Turkey’s economy Recep Tayyip Erdogan declared that his victory in yesterday’s presidential election marked a ‘new era’ for Turkey. But for the economy it is likely to mean more of the same. The economic imbalances... 11th August 2014 · 1 min read
Commodities Update Russian ban to put downward pressure on food prices The enactment of import bans by Russia on agricultural commodities from a number of Westerncountries should put downward pressure on international food prices over the next year, withcommodities such... 8th August 2014 · 1 min read
Emerging Europe Economics Update Q2 GDP data to show Central Europe’s recovery losing steam The raft of second quarter GDP data due to be published next week is likely to show that the recovery in Central and South Eastern Europe lost steam. Worryingly, having made a bright start to Q2... 8th August 2014 · 1 min read
Emerging Europe Economics Update Russia’s import ban likely to backfire The economic impact of Russia’s decision to ban imports of some foodstuffs from the EU, the US and other western countries is extremely uncertain, but it seems likely that the biggest loser will be... 7th August 2014 · 1 min read
Emerging Markets Economics Update Emerging Market Consumer Snapshot (Q3 2014) Having slowed over the past couple of years, there are signs that consumer spending in some parts of the emerging world is starting to recover. However, the pick-up has so far been confined to EMs in... 7th August 2014 · 1 min read
Non-Euro Europe Commercial Property Chart Pack CEE investment grows strongly in Q2 Economic indicators in the non-euro-zone Western European economies were generally positive in Q2, but there are signs that growth slowed across the board in Emerging Europe. That wasn’t enough to put... 6th August 2014 · 1 min read
Emerging Europe Economics Update Three scenarios for Russia’s economy The deepening political crisis between Russia and the US/Europe means that the uncertainties attached to economic forecasts are even greater than usual. In these circumstances it makes more sense to... 6th August 2014 · 1 min read
Emerging Markets Economics Update Asia drives rebound in EM manufacturing According to the latest batch of PMI data, manufacturing activity across the emerging world strengthened in July supported largely by a continued improvement in Emerging Asia, in particular China... 4th August 2014 · 1 min read
Emerging Europe Economics Update Romanian MPC flags up prospect of further rate cuts Governor Isarescu opened the door to further interest rate cuts in Romania at today’s post-MPC meeting press conference. Much will depend on inflation data for July and August, due to be released... 4th August 2014 · 1 min read
