inflation

Czech inflation second highest ever in 2023

Czechia's rate of inflation was 10.7% last year, down from 15.1% in 2022, but still representing the country's second-highest annual…

4 months ago

CEE inflation eases, but V4 still EU outliers

Hungary remained the EU's most inflationary economy with an annual rate of 9.6% in October, an EU statistics office Eurostat report released…

6 months ago

Romania hikes inflation forecast

The National Bank of Romania (BNR) revised upward, to 7.5% its inflation prognosis for the end of this year on…

9 months ago

Hungary gov’t reacts to shrinking retail sector with compulsory price cuts

The purchasing power of salaries in Hungary is falling due to record-high inflation, local business outlet Portfolio reported, citing the…

1 year ago

Inflation swallows up pay hikes in Romania

The average net salary in Romania was RON 4,254 (EUR 864) in January 2023, up 15% year-on-year, but down RON…

1 year ago

Hungarian central bank chief repeats criticisms of Orban’s economic policy

Hungarian National Bank (MNB) Governor Gyorgy Matolcsy has once again harshly criticised Hungarian Prime Minister Viktor Orban’s economic policy, business…

1 year ago

Baltic inflation ‘canary in the coal mine’ for rest of Europe in 2023

The three Baltic countries are the worst hit by the wave of inflation in Europe, according to the latest flash estimate…

1 year ago

Moody’s forecasts CEE growth in 2022, amid soaring inflation

The loan-book performance of banks in Central and Eastern Europe (CEE) is set to worsen as interest rate hikes take…

2 years ago

Inflation hits CEE harder than rest of EU

The EU annual inflation rate rose from 8.8% to 9.6% in June, the bloc's official statistics agency Eurostat reports. The…

2 years ago

CEE urges more time for EU projects

Inflation is endangering EU-funded infrastructure constructions across Central and Eastern Europe (CEE), and affected countries say the European Commission (EC)…

2 years ago