Economic expectations for the CEE region improve.. In November 2013 economic expectations for Central and Eastern Europe including Turkey (CEE) have improved by 7.0 points.

 In November 2013 economic expectations for Central and Eastern Europe including Turkey (CEE) have improved by 7.0 points. Thus, the ZEW-Erste Group Bank Economic Sentiment Indicator for the CEE region now stands at a level of 41.6 points. The ZEW-Erste Group Bank Economic Sentiment Indicator for Central and Eastern Europe reflects the financial market experts’ expectations for the CEE region on a six-month time horizon. The indicator has been compiled on a monthly basis together with further financial market data by the Centre for European Economic Research (ZEW) in Mannheim with the support of Erste Group Bank, Vienna, since 2007.

Economic Expectations for Poland and Slovakia have displayed the highest increases by 14.1 points and 16.7 points respectively. In contrast, economic sentiment for Croatia decreases by 14.7 points - this is the strongest decline of the indicator among all CEE-countries.

The experts’ assessment of the current economic situation for the CEE region has improved slightly in November. The respective indicator has increased by 5.1 points to a level of 16.2 points.

Source:International Trade News