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Industrial performance in Hungary was clearly on the way up before it was derailed by the Ukraine war. Yet, March data shows resiliency despite the…
The general story in the region remains unchanged – more inflation means more interest rate hikes even though GDP growth is at risk. We expect the…
Your daily roundup of commodities news and ING views
Growth in the retail sector was even stronger in March than it was after Hungary's Covid lockdown was lifted last May
Look out for PMI data in Hungary next week which will show the impact of the war, and annual inflation in Turkey which is set to reach new highs
The latest set of data makes it clear that wage growth and a drop in unemployment are supporting the economy during these hard times. The only caveat…
The dollar is booming. Some trade-weighted measures of the dollar are now close to the highest levels since 2002. The 2022 dollar boom may well turn into…
With risk assets continuing to show instability and markets having now made a conviction call on the Fed's aggressive tightening cycle, the dollar has…