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GLOBAL & REGIONAL DAILY (Thursday November 11 2021)

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GLOBAL & REGIONAL DAILY (Thursday November 11 2021)

GLOBAL & REGIONAL DAILY                                


November 11  2021

Global Markets

In reaction to y-day’s firmer-than-expected US October CPI inflation, equity markets fell, USTs came under selling pressures and the dollar index DXY gained broadly.


According to ELSTAT, the seasonally adjusted industrial production index (IPI) in Sep-21, increased by 9.7%YoY / 1.3%MoM. The annual inflation rate measured by the HICP in Oct-21 accelerated to 2.8% from 1.9% in Sep-21 (in Oct-20 it had decreased by 2.0%).


In Bulgaria, retail sales continued to expand by 8.4% YoY in September, albeit lower from the increases of 12.0% YoY in August and the industrial output grew by 10.5% YoY in September from 10.6% YoY in the previous month. In Serbia, inflation is expected to return within the tolerance band by mid-2022.

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