Emerging Europe Economics Weekly Hawkish CEE central banks, EU expanding further east Communications from central bankers across Central and Eastern Europe this week struck a decisively hawkish tone, suggesting that interest rates could be left on hold across most of the region in the... 10th November 2023 · 9 mins read
Emerging Europe Economics Update CEE sovereign debt dynamics becoming more fragile Governments across Central and Eastern Europe (CEE) need to deliver significant fiscal tightening over the coming years to prevent public debt ratios from grinding higher. The risk of an imminent... 9th November 2023 · 5 mins read
Emerging Europe Rapid Response Poland Interest Rate Announcement (Nov.) 8th November 2023 · 2 mins read
Emerging Europe Rapid Response Romania Interest Rate Announcement (Nov.) 8th November 2023 · 2 mins read
Emerging Markets Economics Update EM bank resilience improves, but risks continue to lurk Higher profitability has helped to boost EM banks’ financial positions over the past year and reduced the tail of weak banks that might struggle to cope with rising loan losses on their balance sheets... 7th November 2023 · 4 mins read
Emerging Europe Economics Weekly Turkey’s central bank, Russian ruble, Israel’s offensive Turkey's central bank governor delivered another convincing message at this week's Inflation Report briefing and suggested that further policy tightening will be delivered over the coming months... 3rd November 2023 · 9 mins read
Emerging Europe Rapid Response Turkey Consumer Prices (Oct.) Turkish inflation unexpectedly fell to 61.4% y/y in October and while we think inflation is likely to rise again in the coming months, the peak is probably not too far away. The central bank’s... 3rd November 2023 · 2 mins read
Emerging Europe Rapid Response Czech Interest Rate Announcement (Nov.) The Czech National Bank’s (CNB’s) decision to leave interest rates on hold again today, at 7.00%, was accompanied by communications which leave the chances of an interest rate cut at the next meeting... 2nd November 2023 · 3 mins read
Emerging Europe Rapid Response Russia Activity Data (Sep.) Russian retail sales continued to expand at a strong clip in September, but industrial production growth was less impressive. Higher interest rates and inflation will weigh on activity in the coming... 1st November 2023 · 2 mins read
Emerging Europe Economics Update War and Israel’s economy: lessons from history One question we have received frequently from clients is what lessons Israel’s previous wars offer when thinking about the effects on its economy from the conflict today. While no two events are the... 1st November 2023 · 4 mins read
Emerging Europe Rapid Response Manufacturing PMIs (Oct.) The manufacturing PMIs across Emerging Europe for October suggest that industrial activity in Russia remained resilient last month, while industrial sectors in Turkey and Czechia suffered from weak... 1st November 2023 · 2 mins read
Climate Economics Monthly Tusk tasked with decarbonising Poland; IEA optimism Donald Tusk and his pro-EU coalition are making the right noises about phasing out coal usage in Poland, although it remains to be seen how his plans will survive contact with politically powerful... 31st October 2023 · 6 mins read
Emerging Europe Rapid Response Poland Consumer Prices (Oct. Flash Estimate) The drop in Polish inflation to 6.5% y/y in October was larger than expected and should pave the way for another 25bp interest rate cut by the central bank next week (to 5.50%). 31st October 2023 · 2 mins read
Emerging Europe Rapid Response Economic Sentiment Indicators (Oct.) The European Commission's Economic Sentiment Indicators for Central and Eastern Europe (CEE) were another mixed bag in October, but our regional GDP-weighted measure edged up and is consistent with an... 30th October 2023 · 2 mins read
Emerging Europe Economics Weekly Central banks in EE facing their own set of challenges The string of central bank meetings across Emerging Europe this week highlighted the unique challenges that policymakers across the region are currently facing, but one common thread in all countries... 27th October 2023 · 9 mins read