Emerging Europe Economics Update Romanian MPC warns on inflation pressures Having left interest rates unchanged earlier today, the Romanian MPC once again used the accompanying press conference to warn that looser fiscal policy could lead to stronger inflation pressures. But... 30th September 2015 · 1 min read
Emerging Europe Data Response Romanian MPC sounding increasingly cautious Having left its policy interest rate on hold at 1.75% earlier today, the Romanian MPC used this afternoon’s press conference to suggest that the government’s plans to loosen fiscal policy raise the... 4th August 2015 · 1 min read
Emerging Europe Economics Update Romanian MPC takes further rate cuts off the table The National Bank of Romania pinned its decision to keep interest rates on hold earlier today (rather thancut them further) on concerns about contagion from the Greek crisis. And judging by the... 1st July 2015 · 1 min read
Emerging Europe Economic Outlook Prospects diverge Emerging Europe’s economy is likely to contract this year for the first time since 2009, but prospects differ substantially across the region. In Russia, while financial strains have eased, the... 5th June 2015 · 1 min read
Emerging Europe Economics Update Equities weaken, bond yields rise Financial markets in Emerging Europe have generally performed poorly over the past month, with equities having dropped back and the region’s bonds having been hit by the sell-off in developed... 28th May 2015 · 1 min read
Emerging Europe Data Response Hungary, Romania & Slovakia GDP (Q1) The stronger-than-expected preliminary first quarter GDP estimates out of Hungary, Romania and Slovakia are particularly encouraging in light of the slowdown in the German economy. All in all, the... 13th May 2015 · 1 min read
Emerging Europe Economics Update Polish MPC plays down talk of tightening Having left interest rates unchanged earlier today, the Polish MPC struck a dovish note at this afternoon’s press conference in an effort to temper the market’s expectations for interest rate hikes... 6th May 2015 · 1 min read
Emerging Europe Chart Pack Russia’s economy slumps, growth weakens in Turkey The region’s two largest economies – Russia and Turkey – have continued to struggle over the past month. Russia’s economy appears to have contracted sharply by around 3% y/y in Q1. Meanwhile, we... 27th April 2015 · 1 min read
Emerging Europe Economics Update Hungary’s Sunday trading ban symbolic of reform backsliding The decision taken by the Hungarian government to ban Sunday trading is unlikely to have a major impact on the economy at an aggregate level. But as we explain in this Watch, it may lead to a shift in... 9th April 2015 · 1 min read
Emerging Europe Chart Pack Central Europe shaping up well at the start of 2015 Despite concerns about deflation, a recession in Russia and sluggishness in the euro-zone, the latest data out of Central Europe have been surprisingly robust. Industrial production growth has... 25th March 2015 · 1 min read
Emerging Europe Chart Pack Russian consumers feel the squeeze The latest data have given mixed signals on the performance of Emerging Europe’s economies. The encouraging news is that growth in much of Central Europe (particularly Poland and Hungary) seems to be... 25th February 2015 · 1 min read
Non-Euro Europe Commercial Property Chart Pack Occupier and investment indicators fall sharply in Moscow A softening of economic growth in many countries across both Emerging Europe and non-euro-zone Western Europe helps to explain the relative lack of action in terms of rental movements in Q4. The big... 18th February 2015 · 1 min read
Emerging Europe Economics Update Romanian MPC hints at rate cuts, but spooked by Greece The National Bank of Romania’s Governor, Mugur Isarescu , struck a dovish note at this afternoon’s press conference, which suggests that the interest rate cut earlier today to a fresh record low of 2... 7th January 2015 · 1 min read
Emerging Europe Data Response Central & Eastern Europe GDP (Q3) Third quarter GDP data for Central and Eastern Europe were surprisingly strong given the headwinds facing the region from Russia and, in particular, the euro-zone. 14th November 2014 · 1 min read
Emerging Europe Economic Outlook Crisis in Russia to weigh on regional growth Growth across Emerging Europe has slowed in recent months and we expect it to remain soft over the coming quarters. The economies of Central Europe will continue to be held back by weakness in Germany... 12th November 2014 · 1 min read
Emerging Europe Economics Update Romania’s MPC dovish on inflation outlook Having cut its policy interest rate by 25bp to 2.75% earlier today, the Romanian MPC didn’t give much away about the outlook for monetary policy at the post-meeting press conference. Nonetheless... 4th November 2014 · 1 min read
