Emerging Europe Rapid Response

Poland Flash CPI (Apr.)

The larger-than-expected fall in Polish inflation, to 4.2% y/y, in April, is probably enough to tip the balance at the central bank towards restarting the monetary easing cycle next week. We are now...

30th April 2025 · 2 mins read

Emerging Europe Rapid Response

Hungary & Czechia GDP (Q1 2025)

The Q1 GDP data released out of Hungary and Czechia showed that momentum in both economies slowed at the start of this year, with Hungary suffering a renewed contraction. The risks to our below...

30th April 2025 · 2 mins read

Emerging Europe Economics Update

Five questions on Romania’s rescheduled election

This Update answers five key questions on Romania’s rescheduled presidential election, the first round of which takes place on Sunday 4th May. A victory for far-right frontrunner George Simion would...

29th April 2025 · 5 mins read

Emerging Europe Rapid Response

Hungary Interest Rate Announcement (Apr.)

29th April 2025 · 1 min read

Emerging Europe Rapid Response

CEE Economic Sentiment Indicators (Apr.)

The European Commission's Economic Sentiment Indicators for Central and Eastern Europe (CEE) provide a tentative sign that the impact of US tariffs on the region has been fairly contained so far. The...

29th April 2025 · 1 min read

Emerging Markets Economics Chart Pack

Emerging Markets Chart Pack (Apr. 2025)

US import tariffs have largely focused on China. For some EMs (such as India and South East Asia), this creates near-term opportunities to take US market share from China. But there will be offsetting...

28th April 2025 · 1 min read

Emerging Europe Economics Weekly

Emerging Europe Weekly: Russia-Ukraine peace talks, CEE fiscal deficits

The US has been pushing harder over the past week to achieve a peace deal that Russia is willing to accept. But the more concessions that are offered to Putin, the less willing Ukraine will be to...

25th April 2025 · 8 mins read

Emerging Europe Rapid Response

Russia Interest Rate Announcement (Apr.)

25th April 2025 · 2 mins read

Emerging Europe Chart Pack

Emerging Europe Chart Pack (Apr. 2025)

Our Emerging Europe Chart Pack has been updated with the latest data and our analysis of recent developments. The economies of Central and Eastern Europe are generally less exposed to higher US...

24th April 2025 · 1 min read

Emerging Markets Economics Update

Emerging Markets Capital Flows Monitor (Apr. 2025)

Despite the slump in the US dollar, outflows from EM capital markets have surged since President Trump’s Liberation Day tariff announcements. There have been tentative signs of stabilisation more...

24th April 2025 · 0 mins read

Emerging Europe Rapid Response

Poland Activity Data (Mar.)

The weaker-than-expected Polish industrial production and wage data for March have increased the probability that the central bank (NBP) will restart its easing cycle at its next meeting in May, but...

22nd April 2025 · 2 mins read

Emerging Europe Economics Weekly

CBRT battling against capital outflows

Turkey’s central bank (CBRT) delivered a hawkish surprise in raising its one-week repo rate to 46.00% today, which came against the backdrop of continued FX reserve losses and large capital outflows...

17th April 2025 · 6 mins read

Emerging Europe Rapid Response

Turkey Interest Rate Announcement (Apr.)

17th April 2025 · 2 mins read

Emerging Europe Economics Weekly

Emerging Europe Weekly: Trade war rollercoaster generating mixed pressures

The 90-day pause on US “reciprocal tariffs” has reduced the scale of near-term downside risks to economic growth across Central and Eastern Europe. Meanwhile, Russia has managed to avoid being hit...

11th April 2025 · 7 mins read

Emerging Europe Rapid Response

Israel Interest Rate Announcement (Apr.)

The Bank of Israel left its policy rate on hold again today, at 4.50%, and sounded a bit more hawkish than at its previous meeting despite highlighting possibly quite a large hit to economic activity...

7th April 2025 · 2 mins read