Poland’s public finance sector deficit is projected to reach 6.8% of GDP in 2026 and 5.7% in 2027, according to analysts at Bank Pekao, who cite sustained military spending, weaker tax revenues and looser European fiscal rules as the reason.
Turkey’s consumer price index (CPI) inflation officially stood at 35.05% y/y in June versus 35.41% y/y in May and 44% y/y at end-2024.
Russia’s service sector fell back into the red at the end of the second quarter as the S&P Global PMI index fell to 49.2 in June from 52.2 in May, below the 50 no-change benchmark.
The National Bank of Poland’s decision to cut its main policy rate by 25 basis points on July 3, bringing it to 5.00%, caught most analysts off guard. Yet for those watching closely, the signals were already there.
Hungarian Debt Management Agency (AKK) said the 2025 financing plan was fulfilled on a prorated basis in H1, with 96% of the full-year net issuance target completed by end-June.
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.
Russia’s manufacturing sector recorded its sharpest downturn in more than three years in June, as weak domestic and international demand triggered renewed declines in new orders and output, S&P Global reported on June 30.
While ETF markets in Asia have historically lagged behind those in North America and Europe in terms of depth and diversity, 2025 is witnessing a decisive maturing of the regional ETF ecosystem.
Head of Turkey's government-run Ziraat Bank is also anticipating a significant downward move in the benchmark.
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.
Four Turkish issuers raise combined $3.85bn in three days.
Russia’s consumer price inflation during the week of June 17–23 was 0.04% week on week, flat as compared to the previous week, according to the latest report from RosStat statistics agency.
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.
Doina Nistor says growth in services exports failed to offset decline in exports of goods.
Growth driven by a 31% rise in exports to $14.8bn. Imports rose a modest 3.7% to $16.5bn.