Hungary's biggest manufacturing sector rose 2.9% y/y in June after a period of contraction.
Some analysts argue figures signal inflation is nearing its peak and that the central bank could join its Czech counterpart and end the tightening cycle in September.
Worst figure for 25 years weakens forint and piles more more pressure on the central bank to keep putting up rates.
At the end of July, 240,706 Czechs were seeking employment. This figure is 9,397 more people than the previous month, translating into a rise of 0.2%.
Hungary’s industrial production grew 4.8% y/y in June, up from a 3.4% increase in the previous month.
Retail sales growth slowed to an annual 4.1% in June from 12% in the preceding month.
The Bruegel think-tank has published a set of interactive charts that show very clearly how Russian gas imports to Europe this year are well below the historical average.
Poland's Purchasing Managers' Index dropped 2.3 points to 42.1 in July amid sharp falls in output and new orders.
Annual inflation speeded up by 0.6 percentage points from the previous month.
Consumer demand is weakening after a 10-month streak of interest rate hikes by the National Bank of Poland.
Sentiment deteriorated even though Slovenia is expected to be among the fastest growing economies in emerging Europe this year.
Inflation rose to 13.2% year-on-year, while in month-on-month terms, growth in prices in June slowed to 1.2%.
Headline industrial output increased by 9.4% y/y in May, with automotive output up 8.7%.
Food price rise of 18% was main driver in surging CPI.
Analysts predict rate to tick upwards around end of year because of Ukraine refugee wave and threat of recession.
Germany’s leading economic index, the ZEW, collapsed in July as fears mount that Russia will cut the country off from gas entirely at the end of this month, and that could spark a major economic crisis, Oxford Economics reported on July 12.
After three months of annual declines, industrial production increased by 1.1% year-on-year and by 2.1% month-on-month.
Investors now expect the base rate well above 10%, with forward rates rising to 12-13%.
After three months of decline, Czech industrial output in May grew by 3.3% year-on-year.
Pockets of weakness persist in emerging markets where real interest rates are deeply negative – and risks for those countries are rapidly mounting.