Polish PMI drops

(Poland’s MFA, CC BY-ND)

Moldova develops cooperation with India

Industrial production output in Latvia: up 2.4 per cent (Sept 2016)

Poland

Poland’s Purchasing Managers’ Index (PMI) fell to 50.2 points in October from 52.2 in September. As the Polish Radio reports Polish experts had expected a higher reading.

The Polish Radio explains a neutral PMI rating of 50 means that businesspeople in the country feel that the economy will not change over the next month. A higher rating means that it is expected to improve. 

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Moldova

Moldovan Prime Minister Pavel Filip and Minister of Statistics and Program Implementation of India D.V. Sadananda Gowda discussed the prospects of the cooperation between the two countries. The Indian official pays 3-day visit to Moldova.

The conclusions are that Moldova and India could establish partnerships in the following areas: textile and food industries, medicine and pharmacology, information technology and production of renewable energy.

The Ipn.md reports that Gowda wants “the bilateral relations with the Republic of Moldova to develop and be of a higher quality and appreciated the fruitful cooperation between the two states within international organizations”.

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Latvia

Industrial production output in Latvia grew by 2.4  per cent y/y in September 2016 – according to the Central Statistical Bureau (CSB). Production output in manufacturing increased by 5.6 per cent; in mining and quarrying by 1.1 per cent; while electricity and gas supply declined by 14.5 per cent.

The Baltic Course reports that the increase in the production output was observed in the proportionally largest manufacturing sectors:

  • manufacture of fabricated metal products, except machinery and equipment (12.3 per cent);
  • manufacture of wood and of products of wood and cork, except furniture (7.8 per cent);
  • manufacture of food products (4 per cent).

The increases were also noted in manufacture of beverages (18.8 per cent), manufacture of motor vehicles, trailers and semi-trailers (17.4 per cent), and manufacture of furniture (15.4 per cent).

M/m the production output grew by 1.5 per cent (seasonally adjusted data at constant prices).

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What’s up in indexes

BUX  (of Budapest) was up 1.26 per cent d/d and up 24.88 per cent from year-end. It increased from 29498.95 index points Wednesday, November 2nd to 19872.00 index points Thursday, November 3rd.

BET (of Bucharest Stock Exchange) was up 0.23 per cent d/d. It increased from 6794.86 index points Wednesday, November 2nd to 6810.38 index points Thursday, November 3rd. From year-end it dropped by 2.74 per cent.

PX (of Prague) was up 0.75 per cent d/d – increasing from 902.89 index points Wednesday, November 2nd to 909.66 index points Thursday, November 3rd. From year-end it dropped by 4.88 per cent.

WIG20 (of Warsaw) was up 0.10 per cent d/d – increasing from 1765.62 index points Wednesday, November 2nd to 1767.37 index points Thursday, November 3rd. From year-end it dropped by 4.94 per cent.

OMXT (of Tallinn) decreased from 1026.74 index points Wednesday, November 2nd to 1020.55 index points Thursday, November 3rd. So it dropped by 0.60 per cent d/d.  From year-end it’s up 13.52 per cent.

OMXR (of Riga) was up 0.47 per cent d/d and by 20.66 per cent from year-end. It increased from 713.75 index points Wednesday, November 2nd to 717.14 index points Thursday, November 3rd.

OMXV (of Vilnius) dropped by 0.24 per cent – falling from 556.46 index points Wednesday, November 2nd to 555.12 index points Thursday, November 3rd. From year-end it’s up 14.22 per cent.

SAX (of Bratislava) closed at 317.06 index points Thursday, November 3rd. It’s the same result as Wednesday’s. From year-end its’ up 8.45 per cent.

SOFIX (of Sofia) dropped by 1.34 per cent – falling from 533.51 index points Wednesday, November 2nd to 526.37 index points Thursday, November 3rd. From year-end it’s up 14.20 per cent.

UX (of Kyiv) was up 0.31 per cent d/d and up 21.36 per cent from year-end. It increased from 829.79 index points Wednesday, November 2nd to 832.36 index points Thursday, November 3rd.

CROBEX (of Zagreb) decreased from 1940.08 index points Wednesday, November 2nd to 1944.21 index points Thursday, November 3rd. So it dropped by 0.21 per cent. From year-end it’s up 15.07 per cent.

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