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The move followed an earlier 25-bp cut in March; inflation had been increasing significantly at that point and continues to do so.
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DOI: 10.1108/OXAN-DB289140
ISSN: 2633-304X
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Geographic
Topical
His Modern Revolutionary Party (PRM) did similarly well, securing its largest-ever Senate majority and taking a majority in the Chamber of Deputies. Success was built on a strong…
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DOI: 10.1108/OXAN-DB287382
ISSN: 2633-304X
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Geographic
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As a result, forecasts suggest an increase in production over the rest of the decade, perhaps approaching one-third. Industry sources attribute this partly to a shift in the…
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DOI: 10.1108/OXAN-DB289645
ISSN: 2633-304X
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Geographic
Topical
The other Visegrad Four (V4) countries appear more reluctant to cut their budget deficits, despite increased scrutiny from the European Commission.
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DOI: 10.1108/OXAN-DB289576
ISSN: 2633-304X
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Geographic
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Reducing water supplies are an established problem in the area, and recent events highlight long-term mismanagement of the water-supply infrastructure that has allowed the…
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DOI: 10.1108/OXAN-DB285323
ISSN: 2633-304X
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Geographic
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Private consumption contributed 4.3 percentage points (pps) to 2023 GDP growth, while fixed investment contributed 1.5pps and net trade subtracted 0.6pps as export volumes fell…
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DOI: 10.1108/OXAN-DB284884
ISSN: 2633-304X
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Geographic
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Previous governments have also attempted to simplify permitting, with little success. They encountered difficulties in passing bills, while the continuity of administrative…
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DOI: 10.1108/OXAN-DB283922
ISSN: 2633-304X
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Consumer demand, especially for services, underpinned by a stronger labour market, drove the upswing. Exports stabilised, but investment slowed, held back by the housing market…
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DOI: 10.1108/OXAN-DB283464
ISSN: 2633-304X
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OECD membership is seen as key to locking in the liberalising economic policies adopted in varying degrees since the 1990s, and improving the investment climate. Private…
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DOI: 10.1108/OXAN-DB283125
ISSN: 2633-304X
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Geographic
Topical
This followed congressional approval of the government’s ‘base law’ and tax package, designed to strengthen public finances, modernise the labour market and attract foreign…