Central & Eastern Europe GDP (Q4)

Preliminary Q4 GDP data for Central and Eastern Europe show that regional growth slowed from 3.0% y/y in Q3 to 2.7% y/y in Q4, which is still pretty strong given the problems in Russia and some parts of the euro-zone at the end of last year. A pick-up in the German economy undoubtedly helped, but there are also signs that domestic demand is strengthening.

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