Emerging Europe Economics Update GDP growth sinks to post-crisis low The raft of Q4 GDP data released today for Emerging Europe suggests that growth in the region sank to a post-2009 low of 0.8% y/y. An improvement in sentiment within the euro-zone should feed through... 14th February 2013 · 1 min read
Emerging Europe Economics Update Russia: investment slump points to weaker trend growth The sharp slowdown in Russian growth towards the end of last year has drawn attention away from a much more important point: namely that it was driven by a slump in investment. In this month’s Watch... 13th February 2013 · 1 min read
Emerging Europe Economics Update Russia's Central Bank resists government pressure to ease policy The Central Bank of Russia (CBR) kept its benchmark interest rates on hold today and signalled that, despite growing pressure from the government to ease policy, any move in rates in either direction... 12th February 2013 · 1 min read
Global Markets Focus Is a bubble forming in financial markets in the emerging world? The yield of the JP Morgan Emerging Market Bond Index Plus recently fell to its lowest ever level, while the annual average dollar-based return from the MSCI Emerging Market Index of equities has been... 8th February 2013 · 1 min read
Emerging Europe Economics Update Lower inflation is key to Turkish competitiveness The appreciation of Turkey’s real exchange rate has raised speculation that monetary policy could be loosened to weaken the lira. However, the most effective way to improve Turkey’s export... 8th February 2013 · 1 min read
Emerging Markets Economics Focus Are Emerging Markets about to take off? Our Emerging Market GDP trackers suggest that growth across the emerging world has picked in recent months. We expect a further acceleration over the first half of this year, but sustaining the... 7th February 2013 · 1 min read
Emerging Europe Economics Update Markets rally as euro-zone fears recede This is the first edition of our new monthly Emerging Europe Markets Monitor. The purpose of this publication is to analyse the developments in local markets over the past month and give an update on... 7th February 2013 · 1 min read
Emerging Europe Economics Update Door hasn't closed on looser policy in Czech and Poland Policymakers in both Poland and the Czech Republic are becoming more optimistic about the economic outlook. But even so, we still expect a further cut in Polish interest rates next month. And while... 6th February 2013 · 1 min read
Emerging Markets Economics Update EM consumers go their separate ways Strong employment growth, coupled with favourable credit dynamics, should ensure that consumer spending continues to outperform in Emerging Asia over the coming years. By contrast, consumption looks... 6th February 2013 · 1 min read
Emerging Europe Economics Update Russia: pick-up in inflation rules out near-term rate cuts Russian inflation picked up to its fastest rate since late 2011 in January, giving the Central Bank a strong argument to withstand pressure from the government to start easing policy in the face of... 5th February 2013 · 1 min read
Emerging Markets Economics Update Major EM regions all now reporting stronger growth The ongoing recovery in emerging world manufacturing looks increasingly broad based. The PMIs for Latin America and Emerging Asia have risen rapidly since mid-2012 and the latest figures point to a... 5th February 2013 · 1 min read
Emerging Europe Economics Update Euro-zone risks ease but banks remain fragile The continued improvement in sentiment towards the euro-zone has simultaneously eased external funding conditions for Emerging Europe’s banks and reduced the threat of financial contagion from the... 4th February 2013 · 1 min read
Emerging Europe Economics Update PMIs show first signs of green shoots The latest batch of manufacturing PMI data from Emerging Europe provide the first signs that the region’s economy is turning around. However, for now at least, the recovery appears to be concentrated... 1st February 2013 · 1 min read
Europe Commercial Property Update How concerning for property is the Russian economic slowdown? The Russian economy cooled at the end of 2012, as we had expected, and growth is likely to remain lacklustre this year. However, although there are signs that the slowdown may be affecting the office... 1st February 2013 · 1 min read
Emerging Europe Economics Update Inflation looks to have bottomed out Having dropped to a near-three-year low, EM inflation looks to have now bottomed out. Inflation is likely to rise further in the near term due to strengthening demandside pressures and increases in... 1st February 2013 · 1 min read
Emerging Europe Economics Update Russia: solid 2012 growth masks second half slowdown Preliminary data showing that Russia grew by a solid 3.4% in 2012 masks the fact that the economy slowed fairly sharply over the course of the year and is now growing by around 2% y/y. The recent... 31st January 2013 · 1 min read
