|  NEWS

Economy

Polish economy grows 0.2% in 2023

Poland’s economy grew by 0.2% last year, following growth of 5.6% in 2022, according to the latest findings by the country’s statistics office published on Thursday.

Economy

Hungary's central bank says stability needed to curb inflation

Financial market stability is key to inflation returning to the medium-term target due to the stronger effect of exchange rates on consumer prices.

Economy

Poland's central bank keeps rates unchanged

The Polish central bank kept interest rates on hold on Thursday for the sixth consecutive month, as the majority of policymakers forecast the steep inflation slowdown to be temporary.

Economy

Polish economy grows 0.2% in 2023

Poland’s economy grew by 0.2% last year, following growth of 5.6% in 2022, according to the latest findings by the country’s statistics office published on Thursday.

Economy

Hungary's central bank says stability needed to curb inflation

Financial market stability is key to inflation returning to the medium-term target due to the stronger effect of exchange rates on consumer prices.

Economy

Poland's central bank keeps rates unchanged

The Polish central bank kept interest rates on hold on Thursday for the sixth consecutive month, as the majority of policymakers forecast the steep inflation slowdown to be temporary.

Economy

NBH cuts Hungary's base rate to 8.25%

The National Bank of Hungary (NBH) slashed its base rate by 75 basis points on Tuesday to 8.25%.

Economy

Poland’s retail sales rise in February

Retail sales in Poland increased more than analysts’ forecasts last month, indicating consumption will be the principal driver of growth in the country’s economy this year.

Economy

Poland’s real wage growth fastest in 16 years

The average wage in Poland increased faster than forecast in January by 12.8% year-on-year to 7,768 Zloty (€1,797) before taxes, according to data from state agency, Statistics Poland (GUS).

Economy

Inflation down to two-year low in Hungary

Hungary’s inflation fell to 3.8% in January over the previous year, according to the latest data published by the Hungarian Statistical Office.

Economy

Poland's PMI falls in January, denying rebound hopes

The Purchasing Managers' Index (PMI) in Poland fell 0.3 points in January to 47.1, according to the latest findings by S&P Global.

Economy

Hungary’s debt servicing costs soar through Q3 2023

Debt servicing payments in Hungary doubled through Q3 last year, putting the country on course to surpass Italy for the highest level in the EU in 2023.

Economy

Hungary’s headline inflation falls to 7.9% in November

Headline inflation in Hungary edged down to 7.9% year-on-year in November, the lowest rate since January last year, as the price growth slowdown continues.

Economy

OECD forecasts 0.4% GDP growth in Poland in 2023

Real GDP in Poland could see a weak 0.4% growth this year, but could rally to 2.6% in 2024, according to the latest forecast by the Organisation for Economic Co-operation and Development (OECD).

Economy

NBH cuts Hungary's base rate to 8.25%

The National Bank of Hungary (NBH) slashed its base rate by 75 basis points on Tuesday to 8.25%.

Economy

Poland’s retail sales rise in February

Retail sales in Poland increased more than analysts’ forecasts last month, indicating consumption will be the principal driver of growth in the country’s economy this year.

Economy

Poland’s real wage growth fastest in 16 years

The average wage in Poland increased faster than forecast in January by 12.8% year-on-year to 7,768 Zloty (€1,797) before taxes, according to data from state agency, Statistics Poland (GUS).

Economy

Inflation down to two-year low in Hungary

Hungary’s inflation fell to 3.8% in January over the previous year, according to the latest data published by the Hungarian Statistical Office.

Economy

Poland's PMI falls in January, denying rebound hopes

The Purchasing Managers' Index (PMI) in Poland fell 0.3 points in January to 47.1, according to the latest findings by S&P Global.

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