Emerging Europe Rapid Response Hungary Interest Rate Announcement (Mar. 2026) 24th March 2026 · 2 mins read
Emerging Europe Rapid Response Turkey Interest Rate Announcement (Mar. 2026) Turkey’s central bank (CBRT) opted to leave interest rates unchanged today, suggesting that – for now – it deems the effective 300bp of tightening delivered via the interest rate corridor sufficient... 12th March 2026 · 2 mins read
Emerging Europe Rapid Response Poland Interest Rate Announcement (Mar. 2026) The decision by Poland’s central bank to cut its policy rate by 25bp to 3.75% came as a surprise given the inflationary impact of this week’s spike in oil and gas prices. But in spite of the clear... 4th March 2026 · 2 mins read
Emerging Europe Rapid Response Turkey GDP (Q4 2025) Although Turkish GDP growth slowed sharply to 0.4% q/q in Q4, growth appears increasingly unbalanced, with consumer spending and imports strong, while exports fell. Taken together with the rise in oil... 2nd March 2026 · 2 mins read
Middle East & North Africa Rapid Response US and Israel strike Iran The economic fallout from the attacks by the US and Israel on Iran today will depend on how long the conflict lasts, the scale of Iranian retaliation and the spillovers to the oil market. A limited... 28th February 2026 · 2 mins read
Emerging Europe Rapid Response Hungary Interest Rate Announcement (Feb.) The decision by the Hungarian central bank to cut its base rate by 25bp today, to 6.25%, will likely be followed by further interest rate cuts over the coming months. We will firm up our new forecast... 24th February 2026 · 2 mins read
Emerging Europe Rapid Response Israel Interest Rate Announcement (Feb. 26) The Bank of Israel’s (BoI’s) decision to leave its policy rate on hold at 4.00% today underscores its commitment to a cautious easing cycle despite softer recent inflation data. We continue to expect... 23rd February 2026 · 2 mins read
Emerging Europe Rapid Response Romania Interest Rate Announcement (Feb.) The National Bank of Romania left its policy rate on hold again today, at 6.50%, and despite the economy falling into recession at the end of last year, we think a return to monetary easing is still... 17th February 2026 · 2 mins read
Emerging Europe Rapid Response Israel GDP (Q4) The slowdown in Israeli GDP growth in Q4, to 4.0% q/q annualised, was driven by weakness in domestic demand. But we think domestic demand will rebound this year. And provided there isn’t a renewed... 16th February 2026 · 2 mins read
Emerging Europe Rapid Response Russia Interest Rate Announcement (Feb.) 13th February 2026 · 2 mins read
Emerging Europe Rapid Response Hungary Consumer Prices (Jan. 2026) The larger-than-expected fall in Hungarian inflation, to 2.1% y/y, in January, is likely to prompt the central bank to resume its monetary easing cycle when it meets later this month. We are now... 12th February 2026 · 1 min read
Emerging Europe Rapid Response Russia Annual GDP (2025) The slowdown in Russian GDP growth to 1.0% in 2025 is consistent with a slight pickup in momentum in the economy in Q4, but the big picture is that the economy is under strain due to the war... 6th February 2026 · 2 mins read
Emerging Europe Rapid Response Czech Interest Rate Announcement (Feb.) The decision by the Czech National Bank to leave its policy rate on hold today, at 3.50%, was widely expected, but a dovish shift seems likely in the post-meeting communications. The risks to our... 5th February 2026 · 2 mins read
Emerging Europe Rapid Response Poland Interest Rate Announcement (Feb.) The decision by the National Bank of Poland to leave its policy rate on hold today, at 4.00%, is likely to be followed by an interest rate cut at the next meeting in March. But the easing cycle is... 4th February 2026 · 2 mins read
Emerging Europe Rapid Response Emerging Europe Manufacturing PMIs (Jan.) The manufacturing PMIs out of Emerging Europe all came in below 50 which suggests that industrial sectors across the region started the year on the back foot. We think that demand conditions in... 2nd February 2026 · 2 mins read
Emerging Europe Rapid Response CEE GDP (Q4 2025 & Annual 2025) GDP figures out of Central Europe this morning show that Poland’s recovery gathered pace, while Hungary lagged behind. We think that growth will pick up across the region this year, although Poland... 30th January 2026 · 2 mins read
