Europe’s labour market needs to ‘brace for change’, says ING
While Europe‘s economy has been finding the going tough since 2022, the labour market continues to be ‘something of a…
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What EU country saw the largest increase in industrial production in August 2024?
Ireland saw the largest annual increase in industrial production of any EU member state in August 2024, reporting a 15.8%…
Poland reports foreign trade surplus in year to date
Poland has reported a foreign trade surplus of PLN 10.7 billion in the period from January to August 2024, with…
Inflation rate in Romania dropped to 4.6% in September 2024
The annual inflation rate in Romania dropped to 4.6% in September 2024, down from 5.1% in August, new data from…
Uncertainty over formation of next Austrian government ‘comes at a bad time’
This past weekend’s Austrian parliamentary elections is likely to lead to difficult discussions over the formation of a new government, ING has said.
Poland likely to experience 0.3% hit to GDP as a result of flooding
The recent flooding in Poland is likely to result in estimated damages equating to around 0.3% of GDP, equivalent to…
What EU country saw the biggest increase in industrial production in July 2024?
Denmark saw the biggest increase in industrial production in the European Union in July 2024, new data has shown, reporting…
Flooding likely to affect Czech GDP, inflation rate
Extreme flooding in Czechia is likely to affect on the country’s economy, with ING calculating that the overall flood damage will have a negative effect of 0.5%.
What EU country saw the biggest increase in retail sales in July 2024?
Croatia saw the biggest month-on-month increase in retail sales by volume in the European Union in July 2024, posting a…
Household spending driving the Czech economy, says ING
Recent retail sales data from Czechia indicates that household spending is driving the Czech economy, according to analysts at ING.