Economy

Estonia's merchandise trade deficit shrank to EUR24.4mn (US$34.77mn) in May, compared with EUR62.1mn (US$88.49mn) in April, according to data published by Statistics Estonia. The decline,... 2011-07-22

Headline consumer prices fell in June, by 0.1% on the previous month as signs of moderating food and energy prices continued to feed through to the consumer price basket. Consumer price... 2011-07-22

Growth in Latvian industrial output slowed in May, though is still expanding at an enviable clip. According to the latest data provided by the statistical office, industrial production... 2011-07-22

The Hungarian forint has come under selling pressure against the euro in light of the recent contagion effects emanating from the eurozone's debt crisis and has come to trade close... 2011-07-21

We uphold our constructive view on Slovakia's fiscal position forecasting the fiscal deficit to narrow to 5.4% of GDP this year from 7.9% in 2010. However, we highlight risks to our... 2011-07-20

We have brought forward our expectations for Lithuania to return to full-year current account deficits to 2012, from 2013 previously, as higher global commodity prices and a stronger... 2011-06-24

Real GDP growth in the first quarter of 2011 was revised up to 2.5% y-o-y from an original estimate of 2.4% on June 9 according to the Hungarian Central Statistical Office. However,... 2011-06-22

Polish industrial output regained steam in May, posting a 7.7% year-on-year (y-o-y) rise, up from the 6.6% y-o-y print seen in April. While this is down from the consistent over 10%... 2011-06-22

We are revising upwards our 2011 current account deficit for Ukraine to 3.4% of GDP (from 2.3% previously). A stronger-than-expected recovery in household consumption as well as sharply... 2011-06-22

The recently revised up Q111 Estonian real GDP growth number of 8.5% suggests upside risks to our 5.0% forecast for the year. That said, we stand by our core view that economic expansion... 2011-06-21