CEE Industry Recovery Gains Pace While Retail Loses Momentum
Industrial output growth is clearly improving across Central and Eastern Europe, even as the retail sector lost momentum in the second quarter.
Central and Eastern Europe is showing a split between sectors. Retail lost momentum over the second quarter, but the industrial sector is moving in a different direction.
Average industrial output growth shows a clear improvement in Poland, Czechia and Hungary, as well as Slovenia. The recovery in industry appears to be gathering pace across the region.
Source: FXStreet Forex News