2022/08/29 / Erste Group Research |
This week, we get to see the GDP structure for the second quarter in a number of countries. The biggest question is whether the quarter on quarter contraction was driven mostly by the change in inventories and whether private consumption or investment already showed weakness. Separately, data on July’s retail sales and industrial production in Croatia, Slovenia and Serbia will be as important as the GDP structure, as it will give a hint on how strong these economies are at the beginning of the third quarter. Further, PMI indices for September for Czechia, Hungary and Poland should give a pretty good feeling how deep the slowdown in the third quarter will be. |
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Author | Erste Group Research |
Date | 2022/08/29 |
Language | ![]() |
Product name | Video |
Topic in focus | FX, Macro/ Fixed income |
Economy in focus | CEE |
Currency in focus | - |
Sector in focus | - |
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