Emerging Europe Data Response Economic Sentiment Indicators (Oct.) The EC’s Economic Sentiment Indicators for Central and Eastern Europe were a mixed bag in October, but the big picture is that sentiment in most countries is very depressed which supports our view... 28th October 2022 · 3 mins read
Emerging Markets Economic Outlook Mounting headwinds set stage for sluggish growth EM GDP growth has slowed sharply this year and is likely to remain sluggish in 2023 and 2024 as weak external demand and tight financial conditions take their toll. Having started hiking rates much... 27th October 2022 · 2 mins read
Event EM Drop-In: How will EM economies and markets fare in the global downturn? 1667487600 Economists from our Emerging Markets and Markets teams discussed the outlook for EM financial markets in this regular dive into the big stories in EMs.
Emerging Europe Chart Pack External vulnerabilities firmly in the spotlight Current account deficits have widened to alarming levels in Poland, Hungary, Turkey and, most of all, Romania, in recent months which has contributed to the downward pressure on currencies this year –... 26th October 2022 · 12 mins read
Emerging Markets Economics Update Core inflation pressures strongest in CEE A closer look at core inflation across EMs suggests that underlying price pressures have started to ease. But they remain very strong by historic standards in most countries – and particularly so in... 26th October 2022 · 3 mins read
Emerging Europe Rapid Response Hungary Interest Rate Announcement (Oct.) Hungary’s central bank (MNB) left its base rate on hold today and we expect that the central bank will continue to use its new “market stabilisation tools” to keep short-term interest rates high and... 25th October 2022 · 2 mins read
Global Economic Outlook Recession looms as tightening bites Persistently high inflation and more aggressive monetary policy tightening now seem set to cause a global recession. While we had previously anticipated contractions in several economies, the gloom... 25th October 2022 · 50 mins read
Emerging Europe Economics Weekly Falling gas prices doesn’t mean energy crisis is ending The continued fall in European natural gas prices this week is a positive development for economies across Central and Eastern Europe, but the energy crisis will not go away anytime soon and we still... 21st October 2022 · 8 mins read
Emerging Europe Data Response Poland Activity Data (Sep.) September’s industrial production and retail sales figures out of Poland showed that activity continued to recover last month. Even so, it may be touch-and-go as to whether Poland’s economy was... 21st October 2022 · 2 mins read
Emerging Europe Economics Update “Lira-isation” policies are no cure for Turkey’s problems Policymakers in Turkey have doubled down on their new economic model of “lira-isation” by pursuing more extreme de-dollarisation policies in recent months. These appear to be having an impact in terms... 20th October 2022 · 8 mins read
Emerging Europe Rapid Response Turkey Interest Rate Announcement (Oct.) 20th October 2022 · 2 mins read
Europe Commercial Property Update Gloomy outlook for Prague office rents The post-pandemic rebound in the Prague office market is likely to prove short-lived. With the Czech economy slowing and employment expected to contract, occupier demand will soften just as new office... 14th October 2022 · 3 mins read
Emerging Europe Economics Weekly Inflation & external pressures force the MNB’s hand Developments this week underscore that Hungary is facing much stronger inflation and external pressures than its regional peers. These forced the central bank (MNB) to tighten monetary policy further... 14th October 2022 · 7 mins read
Emerging Europe Economic Outlook Region heading for recession Emerging European economies are facing a difficult winter due to the energy crisis as well as headwinds from weakening demand for exports and tightening external financing conditions. We expect almost... 13th October 2022 · 29 mins read
Emerging Europe Data Response Turkey Industrial Production & Retail Sales (Aug.) The latest activity data show that retail sales and industrial production bounced back in Turkey in August, but this follows a period of softness and industry is on track for a large quarterly... 12th October 2022 · 3 mins read
Emerging Europe Data Response Russia Consumer Prices (Sep.) Inflation continued to fall in Russia in September, to 13.7% y/y, but at a much slower rate than in previous months. The recent period of strong disinflation is coming to an end and the central bank... 7th October 2022 · 2 mins read
