Poland's Purchasing Managers' Index (PMI) climbed 2.2 points to 59.4 in June, the new all-time high after the preceding month, the economic research company IHS Markit said on July 1.
Capital Economics analysts point to evidence of growing price pressures in eastern EU members.
Inflation is set to remain elevated throughout 2021, analysts say, but central bank is not expected to take action until at least the end of the year.
Hydro needs new investment to replace elderly infrastructure and accelerate the road to net zero, the IEA says.
EBRD says recovery from the coronacrisis is progressing faster than expected, but many emerging Europe economies won’t return to 2019 levels of GDP until 2022.
This week the Czech National Bank increased its key interest rate for the first time in the last 16 months, while the Hungarian National Bank did so for the first time in the last 10 years.
162 GW, or 62%, of new renewable capacity was cheaper than new fossil fuel-fired generation in 2020
The economies of Central and Eastern Europe (CEE) are bouncing back from the pandemic recession but this will also stimulate inflation, posing a dilemma for central banks.
Hungarian and Czech central banks could be first in EU to raise rates despite ongoing pandemic.