Report
Alessio Chiesa ...
  • Raffaella Tenconi

EME Macro/Strategy: macro all-in-one (4-10 December)

The data releases last week indicated a modest improvement in the GDP dynamics across CEE for 4Q, observed in retail sales, industry, and construction outputs. Some inflation prints for November were released, confirming the disinflation trend, except for Turkey. As expected, the NBP kept the policy rate unchanged, citing imminent risks to the inflation outlook, associated with decisions anticipated after the government’s transition, scheduled for this week. Details on the 3Q GDP were released for Romania and Greece, with the underlying signals from both suggesting growth of around 2% for this year.
Provider
Wood and Company
Wood and Company

WOOD & Company is the leading investment bank in Emerging Europe. Founded in 1991 and head-quartered in Prague, our footprint spans the region and touches investors around the globe.

A pioneer in Emerging Europe, WOOD executed many of the first CEE equity trades and landmark investment banking transactions. Our electronic trading platform was the first in the region, and remains the best. We are continually expanding our relevance and reach in these ever-evolving markets.

Our equity market share reflects our stature: 7% in Warsaw, 20% in Bucharest, 16% in Hungary, 40% in Prague and 5% in Vienna. Our distribution is unparalleled, with the largest salesforce in the region, servicing a uniquely diverse investor base.

We couple local expertise with a truly international perspective. With offices on the ground in the region, and in key financial hubs such as London and Milano, we are never far from our clients and we remain at the forefront of what’s afoot in the CEE emerging and frontier landscape.

Analysts
Alessio Chiesa

Raffaella Tenconi

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