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Rising prices could upset Czech government’s plans

Location:

CZECH REPUBLIC

This was widely anticipated after the consumer price inflation (CPI) rate accelerated to 3.0% year-on-year in March from 2.7% in February. The CNB hinted that inflation could…

Czech vote may raise chances of new ANO-led government

Location:

CZECH REPUBLIC

Now that Zeman has successfully retaken the presidency with 152,000 more votes than his pro-Western rival Jiri Drahos after a campaign that was dominated by domestic issues…

Domestic factors will weigh on Central Europe’s autos

Location:

EUROPE

Central Europe’s car industry.

Prospects for the global economy to end-2021

Location:

PROSPECTS H2 2021

However, supply is struggling to keep pace with demand, and dislocation effects plus shortages of some critical goods and workers are raising prices. GDP growth forecasts for 2021…

Near-term US outlook is solid, but clouds are building

Location:

UNITED STATES

Core personal consumption expenditure inflation is 4.7% year-on-year, above the 2.0% target. The economy is holding up, with the OECD now forecasting GDP growth of 1.5%, up from…

Political pressure is rising for Polish bank mergers

Location:

POLAND

State-controlled PZU Group, Poland's largest insurer, was already bidding for a 25% stake in Italian-controlled mid-tier lender Alior Bank, and now wants to acquire Austrian-owned…