Central Europe / Data
ING: Unemployment rate drops further than expected in Hungary
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.
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Czech National Bank keeps rates at 3.5%
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.
Polish public support for Ukraine’s EU and NATO membership drops sharply – poll
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.
Hungary’s MNB leaves rates on hold, won’t rush to restart easing cycle
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 ease growth in May but still point to sustained consumption as pillar of growth
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.
Polish PPI eases decline rate slightly in May
Poland's producer price index fell 1.5% year on year in May, following a revised decline of 1.6% y/y in April.
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Slovak unemployment stays at 3.71% in May
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.
Who hold the most gold reserves?
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.
Polish core inflation eases growth to 3.3% y/y in May
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.