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.
Turkey’s exchange-traded fund down 9.5% in year-to-date. Thai performance second worst at 6.5%.
Polish GDP grew 3.8% year on year in the first quarter of 2025, slightly below the revised 3.9% increase recorded in the previous three months, seasonally adjusted data from the Central Statistical Office showed in a flash estimate on May 15.
Non-tariff barriers have taken a big toll.
Czech unemployment remained at 4.3% in April, the same level as in March. Year on year, the unemployment increased by 0.6 percentage point, or by 38,462 persons.
The landslide win by far-right presidential candidate George Simion in the first round of the presidential elections has rattled investors.
Slovakia’s industrial output increased by 3.5% year on year and by 0.7% month on month in March, registering the first month of growth this year.
Despite some progress in reining in prices, Turkey's headline figure is a bar graph section too far.
Fluctuations in global oil prices remain a critical vulnerability for Azerbaijan’s economy.
VE Day, or Victory in Europe Day, is celebrated on May 8 each year to mark the formal end of World War II in Europe, reports Statista.
Pakistani stocks have suffered a steep decline, with the KSE-100 Index dropping 9.7% over the past four sessions, as escalating military tensions with India rattled investors.