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Economics news
Czech Republic: First estimate of GDP touch above consensus
13/08/2010 10:17
Real GDP growth s.a. Preliminary (2Q): 0.8 % q/q, 2.2 % y/y Consensus: 0.7 % q/q, 2.2 % y/y Previous (1Q): 0.5 % q/q, 1.1 % y/y First estimate of the Czech GDP was slightly better than consensus.
Czech Republic: GDP behind expectations
12/05/2010 09:28
Actual (1Q/10): 0.2% q/q; 1.2% y/y Consensus: 0.4% q/q; 1.4% y/y Previous (4Q/09): 0.7% q/q; -3.1% y/y Preliminary 1Q GDP release did not fulfill hopes after rosy economic releases in last several weeks.

Czech Republic: GDP back in red
12/02/2010 10:38
Actual (4Q/09): -0.6% q/q; -4.2% y/y Consensus: 0.8% q/q; -2.8% y/y Previous (3Q/09): 0.8% q/q; -4.1% y/y GDP figures brought a strong negative surprise. While other countries can enjoy an improving performance (Slovakia) or at least stagnation (Germany),
Russia: Economy ministry forecasts 3-4%q/q growth in 4Q09
27/10/2009 10:53
GDP contracted by 9.4%y/y in 3Q09 according to preliminary estimates by Rosstat. Seasonally adjusted GDP grew by 0.6%q/q and Deputy Economy Minister Andrei Klepach said he expected growth to accelerate to 3-4%q/q in the fourth quarter of 2009.

Bulgaria: BNB indicates positive growth in 2010
22/10/2009 09:38
GDP could decrease by only 4.2% in 2009 and grow by 0.5% in 2010 according to Dimitar Kostov, Deputy Governor of Bulgaria's National Bank (BNB). Mr Kostov said that exports to western Europe could lead to a faster recovery than so far expected.
Serbian macro: GDP contracted 4.0% y/y in 2Q09
30/09/2009 16:21
Serbian economy contracted 4.0% y/y in 2Q09, the statistical office reported yesterday. The economy has now contracted for the second quarter in a row, meeting the expectations of economists. Activity in the manufacturing sector fell 20.