Poland’s core inflation, an indicator that measures price growth excluding movement in prices of food and energy, came in at 3.6% y/y in March (chart) after posting the same reading in February, the National Bank of Poland said on April 16.
Although inflation remains above the National Bank of Poland’s target range of 1.5%-3.5%, the continued stability in price growth so far in 2025 has shifted the central bank’s monetary policy outlook.
Hungary's consumer price growth slowed more than expected in March to 4.7% (chart) from 5.6% from the previous month, marking the first decline after five consecutive months of acceleration.
Czech industrial production increased by 1.5% year on year and by 1.7% month on month, returning to mild growth after a series of unconvincing results.
Hungary's industrial output in February plunged to levels last seen during the 2020 Covid lockdowns, with official data showing an 8.0% year-on-year contraction after adjusting for calendar effects and an 8.7% (chart) decline.
Czech consumer prices (inflation) rose by 2.7% year on year and by 0.1% month on month, according to the flash estimate released by the Czech Statistical Office.
Poland's Purchasing Managers' Index (PMI) inched up 0.1 points to 50.7 in March, the economic intelligence company S&P Global said on April 1.
The Manufacturing Purchasing Managers’ Index (PMI) for Czechia, compiled monthly by market intelligence company S&P Global, posted 48.3 in March.
Czech National Bank (CNB) kept the interest rate unchanged at 3.75%, meeting wide market expectations. The rate is the lowest since January 2022.
Polish retail sales fell 0.5% year on year in constant prices in February, defying the consensus, which expected a 3.2% annual increase.
Poland’s industrial production contracted 2% year on year at constant prices in February (chart), after a revised fall of 0.9% y/y the preceding month, unadjusted data from the statistical office GUS showed.
Poland's producer price index fell 1.3% year on year in February (chart), following a revised fall of 1% y/y in January, the country’s statistics office GUS said.
Poland’s core inflation, an indicator that measures price growth without including prices of food and energy, eased growth to 3.6% y/y in February after a gain of 3.7% y/y the preceding month.
Poland’s consumer price index grew 4.9% year on year in February, the same expansion rate as the heavily revised – due to the annual changes in the inflation basket – gain of 4.9% y/y the preceding month.
Hungary's automotive industry, a key pillar of the country's export-driven economy, continued to show signs of strain in January, as the latest figures from the Central Statistics Office confirmed ongoing declines in production and new orders.
The Hungarian government will cap retailers' profit margins on some staples at 10% from the middle of March and last until the end of May.
Slovakia’s industrial output fell by 5.2% year on year and by 7.3% month on month, significantly deepening its mild December dip of 0.1% y/y and ending the growth period registered for much of the second half of 2024.
Slovakia’s gross domestic product increased at constant prices by 2% in 2024. It was the highest GDP growth since 2021, Slovak statisticians reported following the confirmation of the 2024 final quarter figures.
Poland's Purchasing Managers' Index increased 1.8 points to 50.6 in February, the economic intelligence company S&P Global said on March 3.