CEE region shows great growth momentum

Based on the early data for 2018, it seems that the CEE economy continues to enjoy robust growth momentum. Retail sales points to strong household consumption, likely driving by rising wages and low unemployment. Positive business sentiment should be supporting investments. Regional GDP is forecast to have grown 4.4% in the first quarter of 2018.

Several growth indicators for 2018in countries where RENOMIA has its offices

Country

GDP growth 2018

Inflation 2018

Unemployment rate 2018

GWP Market Change 2017/​2016

Czech Republic

3.4 %

2.1 %

2.4 %

8.4 %

Slovakia

4 %

2.1 %

7.1 %

8.56 %

Bulgaria

3.8 %

1.8 %

5.5 %

7.5 %

Hungary

3.9 %

2.3 %

3.7 %

7.33 %

Romania

4.5 %

4.2 %

4.5 %

1.72 %

Croatia

2.8 %

1,4 %

9.6 %

3.98 %

Serbia

3.3 %

2,1 %

12.1 %

8.85 %