Economy

According to the Hungarian Central Statistics Office, the construction industry continues to show signs of contraction, with volumes of total construction activity falling by 1.5% y-o-y... 2012-03-23

Despite peaking at 18.3% in the second quarter of 2010, unemployment in Lithuania remained at 13.9% in the final quarter of 2011. Falling external demand and the recent shake-up of... 2012-03-23

We have raised our forecast for consumer price inflation in Estonia to average 3.5% in 2012 from 3.3% previously. In spite of a general slowdown in economic activity, which will feed... 2012-03-22

We forecast the average unemployment rate in the Czech Republic to hold stable in 2012 at 8.5%, the same as in 2011. Data from the Czech Statistics Office show that unemployment ticked... 2012-03-21

We forecast Latvia's real GDP growth to slow precipitously in 2012 to 0.3%. This follows data released by the Central Statistics Bureau showing that full year real GDP growth in 2011... 2012-03-21

We have revised down our forecast for Estonia's real GDP growth in 2012 to 2.7% from 3.1% previously. This substantial slowdown over 2011's full year figure of 7.6% will come as a result... 2012-03-21

Lithuania's current account deficit is set to widen at a much more rapid rate in light of falling external demand and rising oil prices this year. However, for the time being, growing... 2012-02-28

Unemployment in Slovakia ticked down for January, coming in at 12.9%, from 13.6% in December 2011, and 13.0% from the same period the year before. However, we expect this improvement... 2012-02-28

According to the Hungarian Central Statistics Office, total retail sales growth was positive for the final five months of 2011, averaging 0.9%. This kind of steady improvement has not... 2012-02-27

Industrial production (IP) growth has slowed sharply towards the end of last year, contracting posting negative growth of 2.1% year-on-year (y-o-y) in December, in stark contrast with... 2012-02-27