Consumer prices dropped m/m for the first time in 2026, mainly due to lower fuel and food prices, statistics office says.
New record was driven primarily by mega-deals by ElevenLabs and ICEYE.
Hungary's recent export recovery has been driven primarily by AI-related server manufacturing rather than the country's automotive industry.
Move comes amid declining market yields, giving the debt manager room to reduce returns offered to households while preserving the attractiveness of retail government bonds.
Average NPL ratio declined to a historic low of 1.86% at the end of 2025 as lending growth outpaced the increase in impaired loans.
June PMI data "signalled a sharper upturn in the Czech manufacturing sector", says Siân Jones, principal economist at S&P Global.
Increase driven by strong growth in automotive fuel sales, while food sales continued to decline.
Middle East conflict and slower real income growth are limiting consumption growth, ING analysts said.
The Czech National Bank changed the main interest rate for the first time since May 2025.
Inflation falls from 3.9% registered in April amid rising fuel prices in connection with the war in the Middle East.
High fuel prices have not pushed up food prices in Czechia, but warned the Middle East conflict is expected to affect other categories.
Fitch Global Ratings cut its forecast for Poland’s economic growth in 2026 to 3.3% from 3.6%, citing weaker GDP data and lower external demand, the rating agency said on June 8.
Consumer spending rose sharply as households benefited from sizeable pre-election fiscal transfers and improving confidence.
WIG index closed the month at 137,007.44 points, gaining 35% y/y.
Poland's GDP grew 3.5% y/y in the first quarter, as household consumption and investment both weakened.
MNB says global risks remain elevated due to energy and commodity price volatility and disruption in global supply chains.
Poland’s economy is expected to remain among the European Union’s strongest performers in 2026, second only to Malta, European Commission says.
The Warsaw Stock Exchange's blue-chip WIG20 index could approach its all-time highest level set in 2007 if positive sentiment towards banks, fuelled by interest rate hike expectations, steps up, a brokerage director said.
Decision to reduce maximum allowable swappoints increases the likelihood of earlier-than-expected interest rate cuts, potentially within months.
Inflation could accelerate further in the coming months as the impact from the conflict in the Middle East still has to fully hit consumer prices.