Emerging Europe Economics Weekly Energy windfall for Russia & woe for Turkey Russia is a beneficiary from the conflict in the Middle East due to the rise in energy prices and a likely rise in export volumes. But we don’t think this materially alters the growth outlook. The net... 6th March 2026 · 5 mins read
Emerging Europe Economics Update Israel’s economy amid a weakened Iran The conflict with Iran – and Iran’s retaliation – might trigger a contraction in Israeli GDP this quarter, but the experience of the 12-day war last year suggests that activity should bounce back... 2nd March 2026 · 3 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 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 Economics Weekly BoI meeting amid Iran tensions, CEE rates, Rubio’s visit Data out of Israel over the past week have increased the probability that the Bank of Israel (BoI) will cut interest rates at its meeting next Monday, but the decision may depend on how tensions with... 20th February 2026 · 7 mins read
Emerging Europe Chart Pack Emerging Europe Chart Pack (Feb. 2026) Our Emerging Europe Chart Pack has been updated with the latest data and our analysis of recent developments. Recent downside inflation surprises across Central and Eastern Europe suggest there may be... 18th February 2026 · 1 min 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 Chart Pack Emerging Europe Chart Pack (Jan. 2026) Our Emerging Europe Chart Pack has been updated with the latest data and our analysis of recent developments. Most economies in Central and Eastern Europe will experience stronger GDP growth in 2026... 26th January 2026 · 1 min read
Emerging Europe Economics Update Current account deficit no concern for Israeli shekel Israel posted a rare current account deficit in Q3, its first quarterly deficit in a decade, but we don’t think this is a concern and expect the current account to return to surplus in the coming... 6th January 2026 · 4 mins read
Emerging Europe Rapid Response Israel Interest Rate Announcement (Jan.) The Bank of Israel opted to reduce its policy rate by another 25bp to 4.00% today, and the tone of its communications suggests that its easing cycle has further to run. We now expect a further 50bp of... 5th January 2026 · 2 mins read
Emerging Europe Chart Pack Emerging Europe Chart Pack (Dec. 2025) Our Emerging Europe Chart Pack has been updated with the latest data and our analysis of recent developments. Most economies in Central and Eastern Europe will experience stronger GDP growth in 2026... 17th December 2025 · 1 min read
Emerging Europe Economic Outlook Diverging outlook as war in Ukraine drags on Most economies in Central and Eastern Europe (CEE) will experience stronger GDP growth in 2026 as external demand picks up and fiscal policy is kept loose (or loosened), while Russia’s economy will... 15th December 2025 · 25 mins read
Emerging Europe Rapid Response Israel Interest Rate Announcement (Nov.) The decision by the Bank of Israel to cut its policy rate by 25bp today, to 4.25%, was accompanied by communications which suggest that further monetary easing will be approached cautiously and will... 24th November 2025 · 2 mins read
Emerging Europe Economics Weekly Ukraine peace plan, Hungary rates, Israel’s recovery Details of the latest US-Russian led peace plan to end the war in Ukraine suggest that Washington is willing to make significant concessions to Moscow in negotiations, but the proposal is likely to... 21st November 2025 · 7 mins read
Emerging Europe Chart Pack Emerging Europe Chart Pack (Nov. 2025) Our Emerging Europe Chart Pack has been updated with the latest data and our analysis of recent developments. The Q3 GDP data out of Emerging Europe confirmed a growing divergence in the region, with... 19th November 2025 · 1 min read
Emerging Europe Chart Pack Emerging Europe Chart Pack (Oct. 2025) Our Emerging Europe Chart Pack has been updated with the latest data and our analysis of recent developments. The latest data suggest that GDP growth in Central and Eastern Europe generally remained... 23rd October 2025 · 1 min read
