Eastern European market data, analysis and forecasts from Business Monitor International, the trusted source for business information and intelligence on global emerging markets.
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Economy / Lithuania
Consumer price inflation in Lithuania took a slight leg down in December, with the headline print coming in at 1.3% y-o-y, compared to 1.5% in November. While significant deflation was recorded in the food and utilities components of the consumer price basket (with prices contracting by 4.4% y-o-y and 5.6% respectively), the ongoing rally in global commodity prices pushed transport...
2010-01-28Economy / Lithuania
Latest unemployment data from Statistics Lithuania shows official unemployment spiking to 13.8% in Q3, up from 5.9% at the same point last year. More importantly from a social stability...
2010-01-28Economy / Hungary
In line with expectations, the National Bank of Hungary (NBH) cuts its key policy rate by 25bps on January 25, bringing the benchmark overnight borrowing rate to 6.00%. Going forward,...
2010-01-28Economy / Ukraine
Russian President Dmitry Medvedev has decided to send an ambassador to Ukraine for the first time in five months in an effort to improve bilateral relations between the two countries. Mikhail Zurabov was appointed in 2009 as the ambassador but was not sent to Kiev due to Medvedev's belief that then Ukrainian president Viktor Yushchenko had 'anti-Russian' policies. Ukraine's opposition...
2010-01-28Economy / Ukraine
Retail sales in Ukraine fell by 20.6% y-o-y in December according to latest data from the State Statistics Committee, marking the 12 straight month that sales have contracted compared...
2010-01-28Economy / Russia
We hold to our view for Russia's external accounts to stabilise further in 2010, with the current account surplus forecast to rise to US$82.7bn (5.1% of GDP) this year. Beyond this...
2010-01-22Economy / Montenegro
Montenegro's external asymmetries continue to unwind, with the current account deficit narrowing to EUR332mn through September 2009, compared to a shortfall of EUR718mn through the same time period in 2008. In the first nine months of the year, exports contracted by 40.9% y-o-y (coming in at EUR242mn), while imports fell 38.3% compared to the same period (coming in at EUR979mn)....
2010-01-28Economy / Albania
In the first eleven months of 2009, Albania's budget deficit soared to ALL64.4bn, compared to a shortfall of ALL23.4bn through the same period in 2008. We estimate the fiscal shortfall...
2010-01-28Economy / Albania
After an investigation conducted by the Joint Investigative Unit to Fight Economic Crime and Corruption in Albania, along with the Internal Affairs Office of the Ministry of Interior,...
2010-01-28
