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Hungary’s inflation slows more than forecast in August

Hungary's inflation rate slowed more than anticipated last month, strengthening the case for the central bank to continue cutting interest rates.

posted on 11.09.2024

Economy

Poland’s central bank keeps benchmark rate on hold

The Polish central bank has maintained its borrowing costs, resisting increasing calls to resume monetary easing.

posted on 05.09.2024

Economy

Poland set to hike defence spending in 2025

According to budget plans reported by Polish media, Poland is set to allocate 4.7% of its GDP to defence in 2025, reflecting a 0.6 percentage point increase from this year’s planned expenditure.

posted on 28.08.2024

Economy

Hungary’s inflation slows more than forecast in August

Hungary's inflation rate slowed more than anticipated last month, strengthening the case for the central bank to continue cutting interest rates.

posted on 11.09.2024

Economy

Poland’s central bank keeps benchmark rate on hold

The Polish central bank has maintained its borrowing costs, resisting increasing calls to resume monetary easing.

posted on 05.09.2024

Economy

Poland set to hike defence spending in 2025

According to budget plans reported by Polish media, Poland is set to allocate 4.7% of its GDP to defence in 2025, reflecting a 0.6 percentage point increase from this year’s planned expenditure.

posted on 28.08.2024

Economy

Hungary’s economy minister says central bank too inflation-focused

The economy minister in Hungary has once again urged the central bank to provide stimulus and criticised what he defined as a narrow focus on inflation.

posted on 23.08.2024

Markets

Poland records fastest GDP growth in EU in Q2

Poland registered the largest annual and quarterly GDP growth in the European Union in Q2, according to the latest Eurostat figures.

posted on 16.08.2024

Economy

IMF urges caution for Poland before easing rates

Poland should exercise caution before resuming interest-rate cuts, as the potential for wage increases could exert pressure on prices, according to the International Monetary Fund’s senior representative for Eastern Europe.

posted on 14.08.2024

Economy

Poland’s inflation jumps to 4.2% in July

Inflation in Poland rose to 4.2% in July, up from 2.6% in June, marking the highest level this year under the new government that took office in December, following on from the partial unfreezing of energy prices at the beginning of the month.

posted on 02.08.2024

Economy

Unemployment rate edges up in Hungary in June

The latest figures from Hungary's Central Statistical Office (KSH) indicate that the employment situation in Hungary was stable in June, with 4.768 million people employed, yet the unemployment rate experienced a minor uptick, reaching 4.2%.

posted on 30.07.2024

Economy

Poland’s adjusted income forecast to overtake Japan by 2026

According to new GDP per capita PPP (purchase power parity) data from the World Bank, Poland's GDP-adjusted income will likely surpass that of Japan by 2026.

posted on 16.07.2024

Economy

Poland’s PMI unchanged in June on “weak demand”

Poland's Purchasing Managers' Index (PMI) held steady at 45 in June, according to the economic intelligence company S&P Global's report published on 1st July.

posted on 04.07.2024

Economy

Hungary’s consumption per capita at 70% of EU average in 2023

Hungary's actual individual consumption (AIC) per capita at purchasing power parity was 70% of the EU average in 2023, according to Eurostat data.

posted on 24.06.2024

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