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Inflationary expectations threaten eastern EU recovery

Location:

EU

Supply bottlenecks and higher energy prices have driven up prices. The OECD reported 4.6% annual inflation in September, and 18.9% for energy. In the EU, annual inflation reached…

Cost-of-living crisis will not hurt Hungary’s rulers

Location:

HUNGARY

The largest annual rise was for food, by 30.9% (3.3% month-on-month). Many Hungarians are expecting their living standards to decline, with costs rising also for some public…

Latest Turkish inflation surge could be persistent

Location:

TURKEY

The recent surge in inflation.

Iran’s hopes of swift economic recovery will be dashed

Location:

IRAN

His government is in an impasse with the conservative parliament over the draft budget for the new fiscal year beginning on March 21. Rouhani needs the US sanctions to be lifted…

Inflation could rise again in Russia in 2023

Location:

RUSSIA

Inflation has subsided owing to base effects. War, sanctions, geopolitical isolation and economic restructuring have already undermined population living standards, with poorer…

Myanmar junta will lose further ground in near term

Location:

MYANMAR

The resistance to the junta, including People’s Defence Forces aligned with the anti-junta National Unity Government (NUG) as well as ethnic armed organisations long pitted…

Belarus economic woes may complicate presidential poll

Location:

BELARUS

This year started with a contraction of first-quarter GDP, after two years of very slow growth. Industrial output contracted as well. As world oil prices have dropped, Belarus no…

Croatia's political weaknesses will slow growth

Location:

CROATIA

Inflation seems to have returned to the economy following three years of near-continual deflation. After years in the doldrums, the Croatian economy is finally experiencing…

Azerbaijan needs diversification despite gas growth

Location:

AZERBAIJAN

The slump was caused by low oil prices and left a legacy of higher debt and banking fragility. The slowdown pushed the government into reviewing the fiscal framework and placing…

Even if politicians deal, Lebanon faces a bleak future

Location:

LEBANON

The audit and wider structural economic reforms are preconditions for urgently needed foreign aid. Economic conditions in Lebanon are still worsening, with power cuts, food…