Central & South Eastern Europe GDP (Q2 2016)

The surprisingly strong batch of Q2 GDP figures for Central and South Eastern Europe released today suggest that growth in the region as a whole picked up to a robust 3.7% y/y from 3.0% y/y in Q1. We still expect growth to slow in the next few quarters as some of the recent tailwinds begin to fade, but this will be gradual.

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