Emerging Markets Economics Update Emerging Europe lagging behind in EM recovery Emerging market manufacturing grew at its fastest pace in more than 18 months in December, according to the latest PMI data. However, the improvement in performance was concentrated in Asia and Latin... 3rd January 2013 · 1 min read
Emerging Europe Economics Update Central Europe’s industry slides deeper into recession The latest manufacturing PMI data suggest that industry in Emerging Europe is still stagnating. There are signs that activity in Turkey is accelerating, but this is being offset by further weakness in... 2nd January 2013 · 1 min read
Emerging Europe Economics Update EM inflation drops to near-three-year low Emerging Market (EM) inflation slowed to a near-three-year low in November. Fears of a food-led inflation shock this year have proved to be misplaced, as we had expected. While inflation is likely to... 20th December 2012 · 1 min read
Emerging Europe Economics Update Hungary and Turkey cut rates in spite of external risks Policymakers in Hungary and Turkey cut interest rates today as the general improvement in global risk appetite in recent months has reduced concerns over external vulnerabilities and allowed the... 18th December 2012 · 1 min read
Emerging Europe Chart Pack A tough end to the year Growth across Emerging Europe has continued to slow in recent months and is likely to remain extremely weak in 2013. Official data suggest that the region grew by less than 2% y/y in the third quarter... 17th December 2012 · 1 min read
Europe Commercial Property Focus The development potential of Poland's industrial market Given its relatively bright medium-term economic growth prospects, the outlook for Poland’s industrial occupier market over the next few years was already pretty decent. Over and above this, though... 17th December 2012 · 1 min read
Emerging Markets Economics Chart Pack Another tough year in 2013 Emerging markets (EMs) have endured their most difficult year since the global recession of 2009. GDP appears to have expanded by about 4.8% this year, down from an average of over 6% during the past... 17th December 2012 · 1 min read
Emerging Markets Trade Monitor Export recovery is uneven and lacks strength The recovery in emerging market exports remains uneven, with manufacturing economies, mainly in Asia, continuing to outperform commodity exporters. What’s more, there are already some signs that the... 14th December 2012 · 1 min read
Emerging Europe Economics Update Inflation set to weaken further in 2013 Inflation is falling sharply across Central and South Eastern Europe and we expect this to continue into next year. This should encourage further policy stimulus in the Czech Republic and Poland... 13th December 2012 · 1 min read
Emerging Markets Economics Update A better start to Q4 but Emerging Europe still struggling Our EM GDP Tracker suggests that emerging market growth has accelerated a little in the final quarter of this year. But growth remains subdued by the standards of the past decade and the recent... 13th December 2012 · 1 min read
Emerging Markets Economics Update Exports to euro-zone to remain a source of EM weakness Weak demand from the euro-zone accounts for about two-fifths of the decline in emerging market GDP growth over the past year or so, and the drag looks set to intensify as Europe slides into an even... 12th December 2012 · 1 min read
Emerging Europe Economics Focus Outlook for the Turkish lira still clouded by external risks Concerns are mounting that Turkey will be faced with a fresh wave of “hot” capital inflows. As it happens, we don’t think this is a credible threat – we expect a fresh escalation of the euro-crisis to... 12th December 2012 · 1 min read
Emerging Markets Economics Focus What to expect from emerging markets in 2013 Emerging markets (EMs) will remain a relative bright spot in 2013. But with export demand from the developed world likely to remain subdued and structural problems dragging on growth in many of the... 10th December 2012 · 1 min read
Emerging Europe Economics Update Russia: interest rate "hike" does not alter monetary stance The Central Bank of Russia (CBR) left its benchmark lending rates on hold today, but hiked its overnight deposit rate by 25bps. Given the liquidity shortage in the interbank market and the fact that... 10th December 2012 · 1 min read
Emerging Europe Economics Update Turkey struggling but current account limits room for easing The latest data from Turkey paint a pretty gloomy picture: Q3 GDP was weaker than expected and October’s industrial production figures suggest that the economy has made a poor start to Q4. The central... 10th December 2012 · 1 min read
Emerging Europe Economics Update Q3 GDP growth hit by weak domestic demand The detailed Q3 GDP data for Central and South Eastern Europe make pretty grim reading. We fear that the slowdown in both domestic demand and exports may be a sign of things to come. 7th December 2012 · 1 min read
