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Latvia: Inflation increased, but less than expected
                   
fxstreet.com     May 13, 2008            

Latvia’s Statistical Office has released the April inflation figures. Inflation rose to 17.5 % y/y (1.5% m/m) from 16.8 % y/y (1.5% m/m) in March, but was significantly below our forecast of 18.7% y/y (2.6% m/m). 12-month average inflation moved to 13.0% y/y. The 39% electricity price increase...


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Slovakia: Economy continued to grow fast in 1Q08

fxstreet.com     May 16, 2008          

Real GDP growth reached 8.7% y/y in the first quarter of 2008, according to a flash estimate of Slovak Statistical Office, outpacing our and market expectations (our estimate was at 7.0% and we belonged to the more pessimistic side of the market, which expected on average growth at 7.6% according...

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Slovakia: Inflation inches up further

fxstreet.com     May 15, 2008          

The Slovak Statistical Office has released consumer price inflation (CPI) figures for April. At 3.7% y/y from March’s figure of 3.6% y/y, the headline inflation somewhat met expectations, although it was slightly higher than the consensus forecast of 3.6% y/y, however, it was slightly lower than...

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Estonia: Shockingly low GDP growth

fxstreet.com     May 14, 2008          

Today the Estonian statistics office announced the preliminary estimates of GDP growth in the first quarter of 2008. In Q1 08, economic growth decelerated sharply to 0.4 y/y (-1.9% q/q sa) compared to 4.5% y/y. The slowdown was broadly based but the main driver was a significant slowdown in...

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Czech Republic: Inflation has eased

fxstreet.com     May 13, 2008          

The Czech Statistical Office has released the consumer price inflation figures for April. It was broadly expected that inflation would decelerate in April from March's 7.1% y/y. It did slow down to 6.8% y/y, but this was somewhat above of our expectation of 6.5% y/y. The declaration was mainly...

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Lithuania: Inflation till rising

fxstreet.com     May 13, 2008          

Lithuania’s Statistical Office has released its consumer price inflation (CPI) figures. In April, inflation rose to 11.7% y/y (1.2%m/m) up from 11.3% y/y (1.0% m/m) in March. 12-month average inflation moved to 7.9% y/y. The outcome slightly exceeds our forecast of 11.5% y/y (1.0% m/m), mainly...

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