Emerging Markets Economics Chart Pack Most EM central banks in easing mode Despite the focus in advanced economies on the timing of monetary policy tightening, the majority of EMs remain in easing mode. More EM central banks cut their policy interest rates than raised them... 22nd August 2017 · 1 min read
Emerging Europe Chart Pack A strong Q2, but regional growth nearing a peak The raft of second quarter GDP data released over the past few weeks showed that growth in Emerging Europe as a whole accelerated to around 3.7% y/y, its fastest pace since 2011. The pickup in growth... 22nd August 2017 · 1 min read
Emerging Europe Data Response Poland Industrial Production & Retail Sales (Jul.) The raft of strong Polish activity data for July suggests that the economy grew by around 4.5% y/y at the start of the third quarter. That would be even faster than the rapid rate of expansion seen... 18th August 2017 · 1 min read
Emerging Europe Data Response Central & South Eastern Europe GDP (Q2 2017) Today’s strong batch of Q2 GDP data from Central and South Eastern Europe support our above-consensus growth forecasts for this year as a whole. Looking ahead, GDP growth is likely to peak in Q3 in... 16th August 2017 · 1 min read
Non-Euro Europe Commercial Property Chart Pack Slower rental growth and yield shift in Q2 Economic growth has been strong in non-euro-zone Europe this quarter and this has fed into solid leasing activity in the occupier markets. However, this has mostly not translated into rental value... 14th August 2017 · 1 min read
Emerging Europe Economics Focus CEE: Tight labour markets point to more hikes than most expect We think that natural unemployment rates have fallen by 2.5-3.0%-pts in Central & Eastern Europe over the past decade. Even so, actual rates of unemployment are now significantly below these (lower)... 8th August 2017 · 1 min read
Emerging Europe Economics Update Taking stock of Poland’s controversial judicial reforms The Polish government’s controversial proposals to reform the judiciary have been met by a backlash both domestically and from the EU. In this Watch, we take a closer look at how the saga could play... 3rd August 2017 · 1 min read
Emerging Markets Economics Update EM manufacturing recovery soft at the start of Q3 July’s PMI data remain consistent with a continued expansion in EM manufacturing, albeit at a pace that is down slightly from the highs seen at the start of the year. 1st August 2017 · 1 min read
Emerging Europe Data Response Manufacturing PMIs (Jul.) Last month’s manufacturing PMIs for Emerging Europe suggest that the recovery in Russia’s economy continued at the start of Q3, but provided further evidence that growth in the rest of the region... 1st August 2017 · 1 min read
Emerging Europe Economics Update Big gains for Turkish equities behind us The surge in Turkish equities earlier this year appears to have been aided by improvements in the real economy, but the more recent rise has been due to global risk appetite. There is scope for... 31st July 2017 · 1 min read
Frontier Markets Wrap Frontier recovery still on track The recovery in frontier economies continued over the first half of this year. GDP growth averaged around 2.0% y/y in Q1, twice the rates seen in mid-2016. It would have been stronger still were it... 31st July 2017 · 1 min read
Emerging Markets Activity Monitor EM growth likely to have nudged down a little in Q2 Our GDP Tracker suggests that EM growth picked up slightly in May, but this partly reflects a bounce from a soft April. The bigger picture is that overall EM growth looks to have nudged down a bit in... 28th July 2017 · 1 min read
Emerging Europe Data Response Economic Sentiment Indicators (Jul.) This month’s Economic Sentiment Indicators suggest that growth softened a touch in the major economies of Central and Eastern Europe at the start of Q3. But the surveys are still consistent with... 28th July 2017 · 1 min read
Emerging Europe Chart Pack Central Europe: inflation eases, but not for long The scale of the decline in inflation in Central Europe over the past month has taken many by surprise and reinforced expectations in the financial markets that monetary policy will remain very loose... 26th July 2017 · 1 min read
Emerging Markets Economics Chart Pack EM consumers bouncing back EM retail sales growth picked up for a third consecutive month in May and is now running at a 12-month high. What’s more, the improvement has been widespread across different EM regions. In Russia and... 24th July 2017 · 1 min read
Emerging Europe Economics Update Romania: New fiscal measures don’t go far enough The change of Romania’s government late last month has prompted a shift in the direction of fiscal policy from loosening to tightening. But the new administration has struggled to put together a... 14th July 2017 · 1 min read
