Regional growth momentum sustained in Q1-2017
REGIONAL MACROECONOMIC & MARKET DEVELOPMENTS & OUTLOOK
Q4-2016 second GDP estimates confirm that the economies of the region are in good shape
Growth momentum in the region sustained in Q1-2017
Sentiment indicators on an upward trend despite local political uncertainties and temporary food & energy driven inflation spike
Most emerging market assets end Q1 2017 in the black
Regional bourses firm in line with the move higher in emerging and major global stock markets
CESEE currencies remain range-bound, with idiosyncratic factors setting the tone in several cases
Despite several political risk events already being behind us, French & German elections lure market attention; major CB policies remain in the forefront
COUNTRY FOCUS
Bulgaria: GERB wins early parliamentary elections
Cyprus: Inflation jump in February
Romania: Focus shifts to budget execution risks
Serbia: Prime Minister Vucic wins decisive victory in April’s presidential elections
