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Economies of the Eastern European countries are gaining strength, being predominantly backed by domestic demand. The GDP is expected to increase by 2.84% in Q2 2018 compared to what it was a year ago, and by 3.0% by the end of 2018. The region is benefiting from upbeat labor markets and strong inflow of European structural funds. Growth in the Czech economy stood at 5.5% and 4.4% in Q4 2017 and Q1 2018, respectively, driven by robust domestic demand. Polish economic growth has been registered at 4.2% by the end of 2017, which is the strongest Polish growth since 2012. Continued EU fund inflows accompanied by improving domestic demand due to rising wages and low unemployment will support growth in 2018 as well. Hungary has stabilized its growth path, with 2017 being the year of the strongest growth in the last one decade. Russian growth is expected to remain moderate; however, uptick in commodity prices is likely to help boost confidence. In Turkey growth is being impeded by political uncertainties and poor trade activities. Ukraine is still likely to be troubled by the geopolitical concerns; however, revering household spending should help pick growth in 2018. Country Coverage – Eastern Europe and CIS• The Czech Republic• Hungary• Kazakhstan• Poland• Russia• Turkey• UkraineSector Coverage: Economic Indicators, Demographics, Energy, Manufacturing, Food and Beverages, Chemicals, Pharmaceuticals, Plastics, Mining, Electricity, Construction, Agriculture, Healthcare, Information and Communication Technologies.Indicator coverage: Gross Domestic Product (GDP) and its components, GDP Growth, Export & Import, Foreign Direct Investment, Inflation, Business Confidence, Population & Demographics, Index of Industrial Production (IIP), Value Add by Industry, Trade by Industry, IIP by Industry, Production of Important Commodities, Oil Production, Oil Export & Import, Healthcare Spending, Internet and Mobile Subscription. Regional GDP Growth calculationYear, Quarter, and Month Coverage• Yearly Data: 2015–2022• Quarterly Data: Q1 2015–Q2 2020• Monthly Data: January 2015–June 2018
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Americas Economic Tracker—Insights and Trends, H2 2019
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