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Businesspeople look with concern at the prospects of 2024, against the background of the increase in operational costs and the evolution of inflation at a still very high level, expecting Romania to enter technical recession in the first half of 2024, as per the 5th edition of the Moneycorp barometer regarding the status of the Romanian economy.
US President Joe Biden's backing has fallen to a record low of 34% despite the US economy demonstrating better-than-expected results.
The United Kingdom's latest economic indicators reveal an imminent recession, with official figures pointing to second-quarter stagnation followed by a subsequent contraction in the third quarter — piling pressure the Bank of England to consider interest rate cuts possibly by next spring.
This after Stats SA announced on Tuesday that economic activity declined by 0.2% in the three months through September.
Hungarian industry runs on exports alone Although September brought some recovery in Hungarian industry, domestic demand is still limiting the overall performa