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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.

posted on 25.04.2024

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.

posted on 19.04.2024

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.

posted on 11.04.2024

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.

posted on 25.04.2024

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.

posted on 19.04.2024

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.

posted on 11.04.2024

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.

posted on 05.04.2024

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%.

posted on 27.03.2024

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.

posted on 22.03.2024

Markets

Hungary issues draft legislation to allow banks to provide crypto services

Hungary is introducing a legislative initiative that would permit banks, investment funds, and asset managers to provide services involving Bitcoin and other cryptocurrencies

posted on 04.03.2024

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).

posted on 21.02.2024

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.

posted on 13.02.2024

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.

posted on 05.02.2024

Markets

Hungary to decide on new reference rate this week

Hungary is set to make a decision on whether to go ahead with a technical change to the calculation of loan repayment rates within the next few days.

posted on 29.01.2024

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.

posted on 05.04.2024

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%.

posted on 27.03.2024

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.

posted on 22.03.2024

Markets

Hungary issues draft legislation to allow banks to provide crypto services

Hungary is introducing a legislative initiative that would permit banks, investment funds, and asset managers to provide services involving Bitcoin and other cryptocurrencies

posted on 04.03.2024

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).

posted on 21.02.2024

Category

National Bank cuts rates by 50bps to 7.75%

Polish economy grows 0.2% in 2023

Hungary's central bank says stability needed to curb inflation

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