Central Europe growth outlook

Central Europe Flash real GDP growth was almost flat at around 3.5% on average It was well above German GDP, which is also remain stable.

Similarly Poland posted a very solid and steady growth rate, but monthly growth indicators like PMI and retail sales were lower, says Barclays. The flash Q3 GDP of the economy fell marginally to 3.3% y/y from the final Q2 reading of 3.6% y/y.

Czech GDP posted a robust growth rate of 4.3% y/y, this is because, the economy recorded poor performance in the previous quarter.

Hungary GDP growth, in contrast, remains the weakest among the central European countries. The country posted a slow growth rate of 2.3% y/y and stood at 0.5% q/q, due to lower growth rate in agriculture sector. There is an indication of further fall in the overal GDP growth rate.