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Economy

Inflation eases less than expected in August

Poland's inflation declined less than forecast in August to 10.1% from 10.8% in July, according to preliminary data published on Thursday.

posted on 01.09.2023

Economy

Hungary likely exited recession in Q2

Hungary probably exited its recession in the second quarter, the longest since the 2008 global financial crisis, despite the war in Ukraine continuing to impact growth.

posted on 16.08.2023

Economy

Hungarian National Bank cuts key rate

Hungary’s central bank cut the overnight rate by a percentage point to 15% on Tuesday as it continues with plans to ease its emergency monetary regime, matching forecasts

posted on 26.07.2023

Economy

Inflation eases less than expected in August

Poland's inflation declined less than forecast in August to 10.1% from 10.8% in July, according to preliminary data published on Thursday.

posted on 01.09.2023

Economy

Hungary likely exited recession in Q2

Hungary probably exited its recession in the second quarter, the longest since the 2008 global financial crisis, despite the war in Ukraine continuing to impact growth.

posted on 16.08.2023

Economy

Hungarian National Bank cuts key rate

Hungary’s central bank cut the overnight rate by a percentage point to 15% on Tuesday as it continues with plans to ease its emergency monetary regime, matching forecasts

posted on 26.07.2023

Economy

Hungary cuts key interest rate

Hungary has reduced its key interest rate for the second straight month in an attempt to ease the pressure the EU’s highest borrowing costs are piling on the country’s economy.

posted on 21.06.2023

Economy

Polish economic rebound in Q2 "is not visible."

A forecast economic rebound in Poland is not yet evident, yet it remains too soon to contemplate interest rate cuts, according to statements by a central banker on Thursday.

posted on 09.06.2023

Economy

Hungary shouldn't adopt Euro before 2030, says central bank governor

Hungary should not contemplate adopting the Euro before 2030, according to central bank governor Gyorgy Matolcsy, as joining the single currency zone before its economy is fully ready would backfire.

posted on 05.06.2023

Economy

Hungary's economy at risk from high rates

Elevated borrowing costs are threatening the Hungarian economy, posing the risk of a credit crunch, according to the country's economic development minister on Thursday

posted on 05.05.2023

Economy

Hungary’s inflation falls less than forecast

Headline inflation in Hungary eased for the second consecutive month in March yet remained over 25% and close to over 20-year highs.

posted on 13.04.2023

Economy

Govt. extends large commercial bank deposit cap

The Hungarian government extended a cap on large commercial bank deposits on Wednesday until the end of Q2 and introduced restrictions on central bank discount bill transfers.

posted on 23.03.2023

Economy

Hungary's central bank keeps rates unchanged

Hungary's central bank kept interest rates the same on Tuesday, resisting pressure from the government to slash borrowing costs during a steep economic slowdown.

posted on 01.03.2023

Economy

Hungary inflation to peak in Q1 at 25-27%: Minister

According to the country's Minister of Economic Development, Marton Nagy, inflation in Hungary could peak at an annualised rate

posted on 16.12.2022

Economy

Inflation eases less than expected in August

Poland's inflation declined less than forecast in August to 10.1% from 10.8% in July, according to preliminary data published on Thursday.

posted on 01.09.2023

Economy

Hungary likely exited recession in Q2

Hungary probably exited its recession in the second quarter, the longest since the 2008 global financial crisis, despite the war in Ukraine continuing to impact growth.

posted on 16.08.2023

Economy

Hungarian National Bank cuts key rate

Hungary’s central bank cut the overnight rate by a percentage point to 15% on Tuesday as it continues with plans to ease its emergency monetary regime, matching forecasts

posted on 26.07.2023

Economy

Hungary cuts key interest rate

Hungary has reduced its key interest rate for the second straight month in an attempt to ease the pressure the EU’s highest borrowing costs are piling on the country’s economy.

posted on 21.06.2023

Economy

Polish economic rebound in Q2 "is not visible."

A forecast economic rebound in Poland is not yet evident, yet it remains too soon to contemplate interest rate cuts, according to statements by a central banker on Thursday.

posted on 09.06.2023

Category

Inflation eases less than expected in August

Hungary likely exited recession in Q2

Hungarian National Bank cuts key rate

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