CEE economies are gradually opening after the lockdown
People are moving more and more once lockdown restrictions have been eased. So, economic activity is as well rebounding. Aggregated mobility indexes computed below are based on Google mobility data…
Romania: only a limited number of employees definitively lost their jobs until May
Both the number of employees definitively losing their jobs and the increase of unemployed persons have been contained during March-May as government stepped in to cover wages of employees from…
EU retail sales bounced back vigorously in May as lockdown was eased
As EU countries started to ease lockdown restrictions, retail sales volume bounced back vigorously in May following the plunge in March-April. For the most EU member countries, the retail sales…
Retail sales still on a solid trend in most CEE countries
Retail sales increased further in January in most CEE countries as consumers preserved a positive mood.
Romania: consumers in a spending spree at the start of 2020
Retail sales volume jumped by 3.5% in January from December, showing one of the fastest dynamics in the last three years. Retail sales dynamics remains very rapid.
Global foreign trade fell in 2019 for the first time since 2009
In 2019, global foreign trade volume fell for the first time in the last decade. Trade war between US and China and the ongoing structural economic slowdown in China are…
Nicolae Covrig
Telling pasionate stories about economy
Never stop dreaming. Never stop learning. Never stop giving.
