Czechia’s manufacturing PMI index, compiled monthly by the S&P Global market intelligence company, posted 50.2 in June, returning above the 50-point mark separating growth and decline for the first time in over three years.
The Polish manufacturing sector faced its steepest contraction in over two-and-a-half years in June, with a sharp decline in both output and new orders, according to S&P Global's latest Purchasing Managers’ Index survey published in June.
Hungary's economy continues to struggle with weak momentum and only a gradual improvement in inflation, the National Bank of Hungary said in its latest Inflation Report.
Czech gross domestic product increased by 2.4% year on year and by 0.7% quarter on quarter in the first quarter of this year, following a revision by the Czech Statistical Office on the previously published 2.2% y/y and 0.8% q/q.
Recent labour market data show that demographic decline and voluntary exits are key factors to watch out for. Meanwhile, gloomy macroeconomic conditions are leading to redundancies. A bleak outlook is prompting companies to consider downsizing.
The Czech National Bank has kept the main interest rate at 3.5% following a unanimous decision at the monetary board meeting on June 25. The decision was widely expected.
Public backing in Poland for Ukraine’s accession to the European Union and Nato has fallen significantly since the start of the war, according to a new survey by the research agency IBRiS.
The Hungarian central bank (MNB) left its base rate on hold on June 24 at 6.50% for the ninth month in a row.
Polish retail sales grew 4.4% year on year in constant prices in May, a marked slowdown from the 7.6% y/y increase recorded in April.
Poland's producer price index fell 1.5% year on year in May, following a revised decline of 1.6% y/y in April.
Unemployment in Slovakia stayed at 3.71% in May, the same as in the previous month. The April level was the lowest on record since 1993. Year on year, it dropped by 0.07 percentage points.
In 2025, gold prices reached unprecedented levels, with spot gold trading at above $3,932 per troy ounce as of May 7th, an increase of over 83% within just a year.
Poland’s core inflation, an indicator that measures price growth without including prices of food and energy, eased growth to 3.3% year on year in May after a gain of 3.4% y/y the preceding month.
Poland’s consumer price index rose 4% year on year in May, easing from 4.3% y/y the preceding month, data published by the national statistics office GUS on June 13 showed.
Global overcapacity, cooling demand and domestic operational setbacks are weighing on EV battery production.
Consumer price indices in Slovakia increased by 4.1% year on year in May, the highest value since December, and returned to an accelerating trajectory after easing in April to 3.7% y/y.
Hungary’s annual inflation rate accelerated to 4.4% (chart) in May from 4.2% in April, slightly exceeding market expectations, despite the cap on profit margins on food and household items. Consumer prices rose by 0.2% month on month.
This is slower than the 2.8% y/y flash estimate released last week, but still a 0.6 percentage point acceleration on the 1.8% y/y April easing.
Fitch Ratings has reaffirmed Hungary’s sovereign debt rating at 'BBB' with a stable outlook, the lowest tier of investment grade, but significantly cut its 2025 GDP growth projection to just 0.7%, down from the 2.5% it anticipated in December.