Emerging Europe Chart Pack Russian markets hold up despite oil fall, Ukraine spat Russian financial markets have tumbled following the naval dispute with Ukraine, but the big picture is that local asset prices have held up well this month given the backdrop of falling oil prices... 26th November 2018 · 1 min read
Emerging Europe Chart Pack Regional growth slowed in Q3 After a strong Q2, growth in Emerging Europe as a whole slowed in Q3, from 3.5% y/y to around 2.8% y/y. In Russia and Poland, this slowdown has been relatively gradual and driven by weakness in... 25th October 2018 · 1 min read
Emerging Europe Chart Pack Central banks in tightening mode Central banks in Emerging Europe shifted into tightening mode this month as policymakers in Turkey, Russia and Ukraine hiked interest rates in response to pressure on their currencies. The Czech MPC... 24th September 2018 · 1 min read
Emerging Europe Chart Pack Turkey in crisis Turkey plunged into a full-blown currency crisis this month following the imposition of US sanctions and an absence of (or refusal to pursue) an orthodox policy response. Inflation, which was already... 24th August 2018 · 1 min read
Emerging Europe Chart Pack Central banks becoming more hawkish The rise in inflation in most of Emerging Europe over the past month has caused central banks to adopt a more hawkish tone. Policymakers in Romania and the Czech Republic are likely to hike interest... 30th July 2018 · 1 min read
Emerging Europe Chart Pack Hawkish shift across the region Central banks across Emerging Europe have become increasingly hawkish in the past few weeks, supporting our view that policy in the region will (in most places) be tighter than most expect over the... 28th June 2018 · 1 min read
Emerging Europe Chart Pack Relief for the Turkish lira proves fleeting Turkey has been in the grips of a currency crisis which forced the central bank to hike interest rates by 300bp on 23rd May, but that only provided brief respite for the lira. For now, there are signs... 24th May 2018 · 1 min read
Emerging Europe Chart Pack Central Europe shrugs off softness in euro-zone The latest data suggest that, while GDP growth in Central Europe has now peaked, it remained strong at 4.5-5.0% y/y in Q1. That came in spite of a raft of softer activity and survey figures from key... 25th April 2018 · 1 min read
Emerging Europe Chart Pack Regional growth stays strong in Q1 The latest activity figures suggest that Emerging Europe’s strong economic performance continued in the early months of this year. Russia’s recovery has resumed following a slowdown in the second half... 26th March 2018 · 1 min read
Emerging Europe Chart Pack Firing on all cylinders The data from Emerging Europe at the start of 2018 have painted a bright picture. Our weighted average of the European Commission’s Economic Sentiment Indicators for Central and Eastern Europe (CEE)... 21st February 2018 · 1 min read
Emerging Europe Chart Pack A strong end to 2017 (for most) Growth in Emerging Europe as a whole slowed in Q4, having hit a six-year high in Q3. But most of that slowdown came in the region’s largest economy, Russia, whose recovery stuttered. Weakness there... 23rd January 2018 · 1 min read
Emerging Europe Chart Pack Russia’s mini-banking crisis rumbles on The recovery in the Russian economy this year has been stronger than most expected, but ongoing problems among small and mid-tier banks have slipped under the radar. This was underlined last week by... 19th December 2017 · 1 min read
Emerging Europe Chart Pack Strong growth in CEE starts to raise eyebrows Recently-released figures showed that GDP growth in Central and Eastern Europe (CEE) picked up to a post-financial crisis high of 5.3% y/y in Q3. Growth strengthened in most countries in the region –... 24th November 2017 · 1 min read
Emerging Europe Chart Pack Consumer recovery strengthens The latest economic data suggest that growth in Emerging Europe as a whole picked up further in Q3 and one of the main drivers behind this appears to have been stronger consumer spending. Retail sales... 20th October 2017 · 1 min read
Emerging Europe Chart Pack Early signs of a Q3 pick-up The latest data suggest that, following a strong Q2, growth in Emerging Europe as a whole picked up further in Q3. Activity figures from Poland improved in July and August and the early signs are that... 20th September 2017 · 1 min read
Emerging Europe Chart Pack A strong Q2, but regional growth nearing a peak The raft of second quarter GDP data released over the past few weeks showed that growth in Emerging Europe as a whole accelerated to around 3.7% y/y, its fastest pace since 2011. The pickup in growth... 22nd August 2017 · 1 min read