Get App
Download App Scanner
Scan to Download
Advertisement
This Article is From Sep 02, 2019

Consumers to the Rescue as East Europe's Exports Weaken

STOCKS IN THIS STORY
Goenka Business & Finance Ltd.
--
MSCI World
--
SAB Events & Governance Now Media Ltd.
--

(Bloomberg) --

Consumers bolstered by government handouts and rising wages helped salvage growth last quarter in the largest eastern European economies. The help was timely as net exports either contributed nothing or were a drag on expansion in Poland and Hungary. The question now is whether domestic demand is enough to insure against the slowdown taking place globally.

To contact the reporter on this story: Radoslav Tomek in Bratislava at rtomek@bloomberg.net

To contact the editors responsible for this story: Andrea Dudik at adudik@bloomberg.net, Andrew Langley

©2019 Bloomberg L.P.

Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.

Newsletters

Update Email
to get newsletters straight to your inbox
⚠️ Add your Email ID to receive Newsletters
Note: You will be signed up automatically after adding email

News for You

Set as Trusted Source
on Google Search