Economy

According to the most recent data released by the Turkish Statistical Institute, the headline unemployment rate fell to 9.4% in May, its lowest value since June 2008. However, on a... 2011-08-23

We have revised down our end-year forecast for Bulgaria's consumer price inflation (HICP) to 4.5%, from 6.0% previously, putting our average 2011 forecast at 4.5% also. Slowing economic... 2011-08-23

We hold to our forecast for the unemployment rate in Bulgaria to fall to 8.3% by the end of this year. Joblessness continued to fall in Q211, coming in at 11.2%, down from 12.0% in... 2011-08-22

According to Albania's National Institute of Statistics (INSTAT), consumer price inflation slowed to 3.6% on an annualised basis in July, down from the 3.9% year-on-year (y-o-y) rise... 2011-08-19

Serbia's current account deficit rang in at EUR1.3bn in the period January to May, a 20.5% year-on-year (y-o-y) increase on the same period a year earlier when the shortfall hit EUR1.1bn.... 2011-08-19

We believe that elevated global risk events prompted the National of Bank of Serbia to keep its benchmark rate on hold at its August meeting. Going forward, we are holding to our expectations... 2011-08-12

Bosnia's consumer price index increased by 4.2% in May compared to the same period a year earlier, marking a marginal uptick from the 4.0% reading from April. We continue to assert... 2011-07-26

Unemployment ticked up against in the first quarter of 2011, reaching 31.2%. Despite tepid economic growth, the number of people out of work had receded in 2010, ending the year at... 2011-07-26

Bosnia's current account is set to remain in deficit over the medium term, underpinned by robust demand for imported capital goods. We stress, however, that maintaining investor confidence... 2011-07-26

Price pressures in Montenegro eased slightly in May, as the pace of consumer price inflation fell to 3.6% year-on-year (y-o-y), down from the 3.7% print registered in April and March.... 2011-07-26