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The IMF’s latest flagship report provides insightful analysis as the global economy climbs out of a deep recession. Relative to their June forecast,…
Restrictions are back as Covid cases rise. But as measures will be less draconian than in 1H20, we look for a slower pace of recovery in the…
The central budget deficit increased incrementally to HUF2.27 trillion in September. According to our calculation, this equates to a GDP shortfall of 6.8%
Although we expected inflation to start falling, we didn’t expect it to start as early as September. The main factors behind the disinflation are IT…
Despite a strong V-shaped recovery in 3Q20 and higher-than-expected inflation in September, new Covid-19 outbreaks bears downside risks to growth, so the…
President Trump's tweet that he is ending talks with Democrats over an economic relief package has put risk assets on edge and is set to help the…
Despite the regular summer shutdowns, industry was able to maintain a strong pace of recovery. However, the second wave of Covid dampens the outlook
August used to be a strong month for the retail sector, mainly due to tourism. This year was different, translating into a downside surprise
Production and retail sales data is expected to show a continued stagnation in the EMEA region. Keep an eye on inflation data from Russia and Turkey, as…
PMIs across the CEE region generally softened in the latest September releases, although there were a few bright spots including in the likes of Poland…
