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Articles by: Maria Bninska
All posts by Maria Bninska
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16.08.2019
Food prices fall by 0.6% m/m in Czech Republic
Food prices fell by 0.6% m/m in August, according to CEEMarketWatch calculations, based on preliminary figures of the statistical office. The decline is projected to be much stronger than in August 2018, when food prices fell by only 0.1% m/m. As a result, we project that annual food price growth will ease from 4.1% y/y […]
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16.08.2019
Germany and Lithuania agree on need to ensure Belarus’ N-plant safety
German Chancellor Angela Merkel agreed with President Gitanas Nauseda on the need to ensure that Belarus’ Astravyets nuclear power plant complies with international security standards. Nauseda, who was inaugurated on Jul 12, continued Lithuanian policy line of drawing attention and airing concern over the Belarusian power plans, which is being built just 50km from Vilnius. […]
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16.08.2019
Romania’s government adds RON120m to scrappage program
The government decided to supplement by RON120m its scrappage program that grants discount vouchers for new car purchases in exchange of old ones (RABLA), according to a release of the Environment Fund’s Administration authority. The amount covers 20,000 vouchers which will support new car sales by the end of the year. The program started on […]
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16.08.2019
PPI inflation eases to 2.1% y/y in Czech Republic
PPI inflation eased from 2.5% y/y in June to 2.1% y/y in July, according to figures of the statistical office. The print was slightly lower than anticipated, as the consensus projected PPI inflation to slow down to 2.2% y/y. Producers’ prices fell by 0.1% m/m, which was in line with expectations. The slowdown was practically […]
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16.08.2019
In Hungary wheat harvest estimated at 5 million tons
The wheat harvest has been estimated at 5 million tons after the completion of the summer harvest, the agriculture ministry announced. The wheat harvest will thus decline by 4.7% compared to the previous year. This will be due to a lower harvested area while the yield was expected to increase despite some unfavorable weather conditions […]
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16.08.2019
ECB says Latvian PNB Bank is failing or likely to fail
The European Central Bank assessed after the conclusion of an on-site inspections that PNB Bank is failing or likely to fail, the ECB informed. It argued PNB has been in breach of capital requirements since end-2017, also noting that it had been urged by authorities to restore compliance with prudential requirements several times and had […]
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16.08.2019
Russian July industrial output is supported by 86% growth of LNG production
The observed 3% y/y growth of the extraction industry in July is largely due to the 86% increase in production of LNG, it emerged from a note published by Rosstat after the release of the regular industrial output data. LNG production is not included in the fragmentary breakdown that Rosstat provides in the first release. […]
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16.08.2019
Poland will build solar farms across the country
Foreign investment in Belarus worth USD5.1bn
The number of foreigners working in Slovakia grows
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16.08.2019
Slovakia may have to limit budget spending
The government has several tools to moderate budget spending and thus consolidate public finances in the event of adverse developments during the year, budget responsibility council RRZ head Ivan Sramko commented on Thursday. According to him, on the revenue side, it may extraordinarily raise some taxes (such a move should be carefully considered as to […]
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15.08.2019
In Slovakia new industrial orders drop by 8.7% y/y
New industrial orders contracted by 8.7% y/y in June, with an annual fall being reported for the first time since March 2018, the statistical office data published on Thursday showed. The new industrial orders development indicates that industry, which contracted by 2.1% y/y in June, is unlikely to recover soon hit by the negative external […]
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