Page 66 - bne_November 2020_20201104

66 I New Europe in Numbers bne November 2020
Russia Watcom shopping index (Moscow)
Source: Watcom
Poland Manufacturing PMI
sa, >50= improvement since previous month
Source: IHS Markit
Historical overview
Moscow’s Watcom shopping index starts to fall again as fears of a coronavirus second wave rise
Russia’s leading shopping malls had made back 85% of the ground they lost during the coronavirus (COVID-19) lockdown in May and June by the 36th week of this year, according to the Watcom Shopping index. However, by week 39 (September) there were the first signs that traffic was falling off again as the coronavirus infection rates in Moscow doubled to over 2,000 cases again.
Polish industry’s recovery continues sluggishly in September
Poland's Purchasing Managers' Index (PMI) inched up 0.2 points to
50.8 in September, the economic research company IHS Markit reported on October 1.
The September reading keeps the index just above the 50-point line separating contraction from growth, but the rebound that began in July is fading.
PMI shows Turkey’s manufacturing recovery losing steam in September
The headline purchasing managers’ index for Turkish manufacturing for September signalled a sustained improvement in business conditions, but also evidenced signs of rates of improvement in demand losing strength, survey compiler IHS Markit and the Istanbul Chamber of Industry said on October 1.
The index posted 52.8 in September, down from August’s 54.3. Any figure above 50.0 denotes an expansion.
Ukraine's GDP falls by 5.8% in January-August
Ukraine's GDP contracted by 5.8% in January-August 2020, the Ministry of Economic Development, Trade and Agriculture of Ukraine announced on October 12.
"In August 2020, against the backdrop of continued adaptation to activi- ties amid a soft quarantine, almost all types of economic activity showed a slowdown in the rate of decline, and some even growth, in particular, the retail segment of the market and construction," the agency said on its website.
Source: IHS Markit, Istanbul Chamber of Industry
Ukraine GDP quarterly growth % y/y
Source: NBU, ICU
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