Hungary has retained its ranking as the European Union's most corrupt country for the third year in a row, according to the 2024 report released by Transparency International.
Hungary's January inflation surprised analysts by accelerating more than expected, with the annual rate jumping from 4.6% to 5.5% (chart), driven by the rise in food prices and higher tax levies.
Unemployment in Czechia rose to 4.3% in January, a 0.2 percentage point increase from December’s 4.1%. Altogether, 320,516 job applicants were registered with the country’s Labour Office in the traditionally high unemployment month of the year.
Surging financial flows in January 2025 suggest Russia’s economy is growing more strongly than recently indicated, the Central Bank of Russia said on February 7.