Turkey
Industrial production suggests a sharp slowdown in economic activity in Q3:16
The Government initiates an expansionary fiscal policy in October in an effort to boost the waning economy
Romania
Real GDP growth slows in Q3:16
Headline inflation rises to -0.4% y-o-y in October from -0.6% in September, due to higher fuel prices
Bulgaria
Economic growth maintains momentum in Q3:16
Headline inflation remains flat at -0.6% y-o-y in October
Serbia
FX-adjusted customer deposit growth reaches a 7-year high of 10.3% y-o-y in September, reflecting strengthening confidence in the domestic economy
FX-adjusted credit activity growth accelerates to a 4-year high of 4.4% y-o-y in September, supported by stronger loan supply and demand
FYROM
Banking sector profitability reaches an 8-year high in Q3:16
Albania
Headline inflation slows to 1.5% y-o-y in October, supported by favourable food prices and softer core inflation
Customer deposit growth (FX-adjusted) remains subdued in Q3:16 (up 2.4% y-o-y), due to competition from the attractive domestic debt market
Credit growth, adjusted for write-offs and FX variations, gains momentum in Q3:16 (up c. 5.0% y-o-y), supported by improving loan supply
Cyprus
Economic growth reaches an 8-year high of 2.9% y-o-y in Q3:16
Egypt
The unemployment rate declines by 0.2 pps y-o-y to 12.5% in Q1:16/17 (July-September 2016)
The tourism crisis is set to ease gradually, following a sharp depreciation of the domestic currency and the removal of travel bans by key source countries in Q2:16/17
Appendix: Financial Markets