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Home Banking Regional Economics and Market Strategy Monthly (Thursday, December 15, 2016)

Regional Economics and Market Strategy Monthly (Thursday, December 15, 2016)

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WP_20150523_055A more challenging year for the region in 2017 

REGIONAL MACROECONOMIC DEVELOPMENTS & OUTLOOK

  • Q3-2016 second GDP estimates confirm that the economies of the region are on track to meet their FY projections
  • Private consumption in the driver’s seat on improved sentiment, rising real wages, firmer labor markets and low inflation
  • A more challenging macro outlook in 2017 for the region: Limited room for further monetary and fiscal stimulus 

REGIONAL MARKET DEVELOPMENTS & OUTLOOK

  • European politics, Fed & ECB policies to set the tone for regional financial markets in 2017
  • Regional assets recover ground after reaction to US election outcome/Italian referendum proves short-lived
  • Market volatility to rise early next year

COUNTRY FOCUS

  • Bulgaria: Growth speed to be maintained in 2017
  • Cyprus: Sustained growth momentum in 2017
  • Romania: A soft landing ahead in 2017
  • Serbia: Economic recovery to pick up further pace in 2017

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Viewers can log herebelow and read the full report: REGIONAL MONTHLY_DEC2016

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