|  NEWS

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.

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.

Economy

Hungary cuts base interest rate by 25 basis points

Hungary’s central bank lowered its base rate by a quarter point on Tuesday from 7.25% to 7%.  

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.

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.

Economy

Hungary cuts base interest rate by 25 basis points

Hungary’s central bank lowered its base rate by a quarter point on Tuesday from 7.25% to 7%.  

Economy

Poland may consider rate cut in Q2 2025

Polish inflation is expected to decrease gradually and should the government implement stricter fiscal policies, it might be feasible to consider “responsible” interest rate cuts

Economy

Launch of Hungary’s new Golden Visa Program on July 1

Starting from July 1, wealthy individuals from nations outside the European Union and European Economic Area will have the opportunity to obtain residency in Hungary

Economy

Polish economic growth at 2% in Q1, says statistics office

Poland’s economy grew 2% in Q1 following 1% growth in Q4 2023, according to a preliminary estimate by the country’s statistics office.

Economy

Clash reignites between Hungary’s economy minister and central bank governor

A clash between Hungary's economy minister and the central bank governor reignited on Tuesday after a brief ceasefire, with the minister accusing the bank of being uncooperative regarding economic strategy.

Markets

Polish GDP growth up 1.3% in Q1

Poland’s GDP grew 1.3% year-on-year in Q1, marginally easing from a gain of 1.6% year-on-year in the fourth quarter of last year.

Economy

Hungary’s industrial sector falls more than forecast

Data published on Wednesday revealed that Hungary's industrial sector is facing challenges in its recovery, leaving the domestic consumer sector to lead growth and offer crucial support for public finances.

Markets

Poland working on "maximum transparency" as debt servicing costs rise

Poland is working on increasing the transparency of its public finances as debt servicing costs mount.

Economy

National Bank cuts rates by 50bps to 7.75%

​​​​​​​The Hungarian National Bank’s Monetary Council (MNB) has lowered the base rate by 50 basis points (bps) to 7.75% in line with forecasts.

Economy

Poland may consider rate cut in Q2 2025

Polish inflation is expected to decrease gradually and should the government implement stricter fiscal policies, it might be feasible to consider “responsible” interest rate cuts

Economy

Launch of Hungary’s new Golden Visa Program on July 1

Starting from July 1, wealthy individuals from nations outside the European Union and European Economic Area will have the opportunity to obtain residency in Hungary

Economy

Polish economic growth at 2% in Q1, says statistics office

Poland’s economy grew 2% in Q1 following 1% growth in Q4 2023, according to a preliminary estimate by the country’s statistics office.

Economy

Clash reignites between Hungary’s economy minister and central bank governor

A clash between Hungary's economy minister and the central bank governor reignited on Tuesday after a brief ceasefire, with the minister accusing the bank of being uncooperative regarding economic strategy.

Markets

Polish GDP growth up 1.3% in Q1

Poland’s GDP grew 1.3% year-on-year in Q1, marginally easing from a gain of 1.6% year-on-year in the fourth quarter of last year.

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