The monthly rate, however, rose sharply to 1.5%.
Despite seeming to overcome the Imamoglu and Trump tariff market stress, it appears officials do not feel empowered enough to move on aggressively.
Czech statisticians refined the growth of the country’s gross domestic product to 2.2% year on year in the first quarter of this year, which is an improvement on the 2% preliminary estimate from last month.
Poland’s CPI eased to 4.1% year on years in May from 4.3% y/y the preceding month, the country’s statistical office GUS said in a flash estimate on May 30.
Figure of 1.4mn a boost to country's plans to develop human capital to support economic diversification and growth.
In May 2004, ten countries joined the European Union in its largest expansion. These new members entered the EU’s internal market, allowing the free movement of goods, services, capital and people.
Russia’s consumer prices rose by 0.06% week on week during the period of May 20 to May 26, down from 0.07% in the previous week, according to the latest data from RosStat.
Growth was broad-based, though activity declined in agriculture and the information and communication sectors.
The boost in sentiment is being attributed to growing expectations that the incoming government, set to be formed after the June 3 election, will deliver economic support and policy stability.
Central bank data shows months of protests and road blockades have not deterred foreign holidaymakers despite government assertions that political unrest is undermining tourism.
Polish retail sales grew 7.6% year on year at constant prices in April, beating the consensus, which had expected a 3.4% annual increase, the statistics office GUS said on May 26.
Fuelled by a 35% rise in exports. Gold shipments up 60%.
Space for mid-June policy rate cut to 100-350 bp opens up.
Poland’s presidential election will go to a second-round run-off after centrist candidate Rafał Trzaskowski and conservative Karol Nawrocki finished in a close contest in the May 15 first round.
Cumulatively, the first four months of 2025 have seen approximately 14.45mn foreign arrivals, a 24.5% rise from the corresponding period in 2024.
The country's economy grew by 5% in 2024, outperforming expectations and marking a significant turnaround after a deep financial crisis triggered by a severe shortage of US dollars three years ago.
Unemployment in Slovakia (PDU) dropped by 0.01 percentage point month-on-month to 3.71% in April, reaching the lowest level of unemployed persons on record since 1993 for the second consecutive month.
Hungary's economic recovery remains sluggish, with the country projected to significantly underperform its Central European neighbours in both growth and investment, according to the European Commission's spring forecast.
Inflation and the resulting high interest rates continue to be the principal concern of Russian policy makers.
Markets currently expect no rate cuts before autumn, although that timing remains subject to shifts in both domestic policy and external economic conditions.