Thursday, October 15, 2026 The English edition of ostwirtschaft.de Newsletter
Eastern Economy.
Economic intelligence on Eastern Europe, the Caucasus & Central Asia
Georgia's real economic output grew by 6.3% in August compared with the same month a year earlier. This was reported by the National Statistics Office (Geostat) on September 30. In July, the increase was still…
October 15, 2026
Russia Economic Briefing
In partnership with the German-Russian Chamber of Commerce (Deutsch-Russische Auslandshandelskammer)
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Since 2022, Russia has been striving for greater technological sovereignty in the healthcare sector. However, the import substitution of medical technology has been slow. Between 2022 and 2025, …
October 12, 2026

Data & Tools

Economic Terminals
Live FX, inflation, key rates, GDP and Sapir productive-sector data for 13 countries — updated hourly.
Russia Media Digest
What Kommersant, RBC and Vedomosti report — summarized in English every morning, plus a live wire.
Regional Business Wires
Curated economy-only headlines from Central Asia, the Caucasus and Central Europe — in English.
Compare Economies
120 head-to-head country comparisons: GDP, rates, inflation, productive sectors at PPP.
Russia Budget Calculator
Set the oil price and ruble rate, see the deficit — built on the 2026 budget law.

Latest Analysis

The World Bank and BOFIT do not expect growth to exceed the government's forecast until 2026
The World Bank (0.8%) and BOFIT (1%) project Russia's growth in 2026 to be slightly higher than the government's forecast, but significantly weaker in 2027. The government expects fixed investment to plummet by 5.4% in 2026.
October 12, 2026
71 million euros for eight projects: Berlin's new commitment to Uzbekistan is smaller than expected
During government-level talks in Tashkent, Germany pledged 71 million euros to Uzbekistan for vocational training, power grids, and social protection; in 2024, that figure had risen to as much as 176 million euros.
October 12, 2026
IMF Forecast: Russia Is Growing Faster Than Germany
In its July forecast for Russia, the International Monetary Fund (IMF) projects growth of 1.1% for both 2026 and 2027. The IMF thus maintains its…
October 10, 2026
Hungary's industrial output grows by 8.7%: Vehicles and electronics drive production
Hungary's industrial production in August was 8.7% higher than in the same month a year earlier. The Hungarian Central Statistical Office (KSH) reported this in its preliminary estimate on October 6. In July, the figure was…
October 9, 2026
Czech Retail Sales Grow by 4.3%: Online Retailers See a 15.0% Increase
Czech retail sales in August were up 4.3% compared with the same month last year. The Czech Statistical Office (ČSÚ) reported this on October 8. The figure is seasonally adjusted…
October 9, 2026
Doubts About Russia's Growth: Consumer Spending Is Slowing
Consumer spending growth in Russia is slowing. The Ministry of Economic Development’s “consumer activity” indicator rose 2.9% in August compared with the same month a year ago, following a 6% increase in…
October 9, 2026
9.6% Growth: World Bank Ranks Kyrgyzstan at the Top of Europe and Central Asia
The World Bank has raised its 2026 growth forecast for Kyrgyzstan by 3.5 percentage points to 9.6 percent—the highest rate in all of Europe and Central Asia.
October 9, 2026
Russian-Armenian Economic Relations Under Pressure
The question of whether Russia remains Armenia’s most important economic partner despite political differences can be answered using the same pattern as the fictional and popular Radio Yerevan jokes: In principle…
October 8, 2026
Kyrgyzstan's economy is growing by 11.0%; inflation stands at 11.7%
Kyrgyzstan's economy grew by 11.0% from January through August. Gross domestic product reached 1,396.8 billion som, or about 15.9 billion U.S. dollars. This was reported by the National Statistics Committee.…
October 8, 2026
KD
The Chronicles
Klaus Dormann
One of the leading chroniclers of the Russian economy — tracking industry, trade and finance for decades, from Ruhrgas and E.ON to today's sanctions economy.
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Steppe Ahead

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The Central Asia column by Thorsten Gutmann, accompanying the Steppe Ahead podcast.

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Perspectives on the economies of the South Caucasus.