Central & Eastern Europe GDP (Q1 2020)

The batch of Q1 GDP data for Central & Eastern Europe shows that the region’s economies were in freefall at the end of March after lockdown measures were imposed. A strong start to the year meant that the data in Poland and Hungary were better than in the Czech Republic, but with most lockdown measures to remain in place we expect Q1 to be dwarfed by much steeper falls in GDP in Q2.

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