Data

Polish core inflation eases growth to 5.4% y/y in February

bne IntelliNews March 19, 2024

Poland’s core inflation, which measures price growth without food and energy, eased growth to 5.4% y/y in February (chart) after growing 6.2% y/y the preceding month the National Bank of Poland (NBP) said on March 18.

Russia’s inflation accelerates to 7.7% in February

bne IntelliNews March 18, 2024

Russia’s consumer price inflation in February 2024 accelerated posted 0.68% month on month and accelerated to 7.7% year on year from 7.4% seen in January, according to the latest RosStat data.

Slovak inflation eases to 3.4% in February

Albin Sybera March 18, 2024

It is the lowest inflation level in over two years and was down by 0.5 percentage points on the January level.

Moldova’s GDP up 0.7% y/y in 2023 thanks to farmers

Iulian Ernst in Bucharest March 18, 2024

Aside from agriculture, most key sectors are still shrinking and the war in neighbouring Ukraine has delayed structural reforms.

Three billion people will live in uninhabitable zones by 2070

bne IntelliNews March 18, 2024

It's predicted that 3bn people will live in zones that have been made uninhabitable (black areas) by 2070, say scientists.

Polish inflation eases growth further to just 2.8% y/y in February

bne IntelliNews March 17, 2024

Polish consumer price inflation (CPI) expanded 2.8% year on year in February (chart) to the lowest level in three years, data from Poland’s statistical office GUS showed on March 15.

Romania’s public debt reaches 48.9% of GDP at end-2023

bne IntelliNews March 15, 2024

Romania's high fiscal deficit is expected to put pressure on the public debt-to-GDP ratio, eventually pushing it above 50%.

Romania’s inflation drops to 7.2% in February

Iulian Ernst in Bucharest March 14, 2024

February's fall in inflation was smaller than expected, increasing uncertainty about future rate cuts.

North Macedonia’s central bank maintains key rate at 6.3%

bne IntelliNews March 13, 2024

Domestic inflation decelerated to an annual rate of 3% in February, as pressures from food and energy prices decreased.

Moldova’s inflation remains moderate in February

Iulian Ernst in Bucharest March 12, 2024

Inflation has been in the lower half of the 5%+/-1pp target band for three months.

Slovak industrial production grew by 3.6% y/y in January

Albin Sybera March 11, 2024

The strongest negative influence came from a 6.2% decrease in the country’s decisive sector, the manufacture of transport equipment.

Hungary CPI slows to 18-month low in February

Tamas Csonka in Budapest March 11, 2024

Hungary's inflation slowed to 3.7% in February, down from 3.8% in the previous month.

Construction, ICT and agriculture push Romania’s GDP growth to 2.1% in 2023

Iulian Ernst in Bucharest March 11, 2024

Romania’s economy advanced by 1.1% y/y in the last quarter of 2023 and by 2.1% y/y in the full year.

Hungary’ records extreme budget shortfall in February

Tamas Csonka in Budapest March 11, 2024

Hungary's cash flow-based general government deficit reached HUF1.7 trillion (€4.3bn) at the end of February, which accounts for roughly 70% of the HUF2.5 trillion full-year target.

Czech unemployment remains at 4% in February

Albin Sybera March 11, 2024

The Czech unemployment rate remained at 4% in February, unchanged month-on-month. In year-on-year terms, it increased by 0.1%.

BOFIT: Russian population in decline

Bank of Finland Institute for Economies in Transition (BOFIT) March 8, 2024

At the end of last year, Russia has 146.2mn people living permanently in the country. Excluding the Crimea, illegally annexed in 2014, Russia’s 2023 population was about 144 mn. Russia’s population peaked in 1993 at 149 mn and is now declining.

National Bank of Serbia maintains policy rate at 6.5%

bne IntelliNews March 7, 2024

The decision to maintain the reference interest rate was primarily influenced by the global economic landscape, characterised by declining but still elevated inflationary pressures.

Poll shows Bulgarians have turned against Putin

bne IntelliNews March 7, 2024

Bulgaria took a strong pro-Western turn after Russia's invasion of Ukraine.

Romania’s retail sales post impressive 6.6% y/y advance in January

Iulian Ernst in Bucharest March 7, 2024

Private consumption is expected to be a major growth driver in Romania this year and the January figures are fully consistent with this.

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