
Russia's capital expenditure taking break
Jul 13, 2015 06:30 am UTC| Commentary
The Russian Composite PMI for June fell below the critical 50 mark to 49.5 (vs 51.6 in May). Although capital investment is subject to unpredictable month-on-month swings as a result of the implementation of large...
Acceleration in Poland's retail sales growth
Jul 13, 2015 06:19 am UTC| Commentary
Polands retail sales were mainly driven by food, car sales and other sales in non-specialised stores. Based on the sales of these product, Societe Generale anticipates the retail sales growth to have accelerated to 3.1% in...
Poland's stable growth of employment continued and solid growth of wages likely in June
Jul 13, 2015 06:09 am UTC| Commentary
On account of the active labour market policy of Polands Polands Labour Ministry, employment growth is expected continue to increase in the coming months.Societe Generale expects the overal employment growth to be above...

UK's total earnings growth to rise strongly in May
Jul 13, 2015 06:09 am UTC| Commentary
UK claimant data is in downward trend in unemployment and that might soon manifest itself in the LFS data as well. The main interest will be in the average earnings data. An acceleration in both regular and total pay is...

UK June inflation to be stable
Jul 13, 2015 06:01 am UTC| Commentary
Global food price deflation pressures continuing to mount which should push down UK food prices as well so food deflation tis expected to deepen again.Against that, petrol prices rose again in June and more strongly than a...

UK Q2 credit conditions hardly changing
Jul 13, 2015 05:54 am UTC| Commentary
For the coming three months, i.e. Q2, a small pickup is expected in UK credit availability and in demand. The hard data up to May corroborate that forecast increase in demand but it is still not strong.The Q1 Bank of...
Poland CPI to have jumped in June
Jul 13, 2015 05:52 am UTC| Commentary
Polands CPI inflation registered -0.9% in May is expected to increase in June as transport and food prices are likely to increase.Societe Generale estimates that deflation in June eased to -0.7% yoy from -0.9% in May. In...