Emerging Europe Economics

Emerging Europe Data Response

1 June, 2018

Manufacturing PMIs (May) & Czech GDP (Q1)

Last month’s manufacturing PMIs fell in most of Emerging Europe, reinforcing our view that regional growth has peaked. The PMI plunged to a nine-year low in Turkey, which is the first sign that the sharp tightening of financial conditions in recent weeks is leading to a severe slowdown in growth.

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