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 % |
Source of the data: European Commission, Xprimm Insurance Report 2017
