Macroeconomic Insights: Hungary CPI – Food Prices on the Rise

At the end of May 2025, the Orban government decided to extend the profit margin cap on 30 essential food items through August 2025, in line with previous guidance stating the cap would continue if food inflation did not drop below 5%. Local reports initially...

Macroeconomic Insights: Israel CPI – The Cost of War

Over the past 24 hours, Israel’s strike on Iran has markedly increased upside risks to inflation in the country. Just as tariffs introduce additional costs to consumers, businesses tend to pass on the cost of war to consumers. The risk of cargo ships getting entangled...

Macroeconomic Insights: Spain CPI – Is it Time to Buy a House?

Since the start of the year, housing market indicators have increasingly correlated with rising inflation pressures. Interestingly, Spain classifies mortgages as financial assets, excluding them from the CPI basket. Instead, tenant rents, a proxy reflecting potential...