Macroeconomic Insights: Hungary CPI – Orban Out, Magyar In

Hungary’s inflation outlook over the next 12 months is increasingly shaped by a transition away from direct price controls toward a more mixed regime combining gradual liberalization and tax-based relief, alongside continued energy-market intervention linked to the...

Macroeconomic Insights: Are Global Food Prices on Their Way Up?

Since the outbreak of the Hormuz conflict in early March 2026, media coverage has understandably centered on oil prices and their pass-through to fuel and transportation costs. Less attention has been paid to other commodities transiting the Strait, notably urea and...

Macroeconomic Insights: There’s No Ceasefire for Inflation

Late last night (April 7, 2026), the U.S. and Iran agreed on a two-week ceasefire to allow for diplomacy. During this time, Iran has agreed to coordinate the passage of vessels through the Strait of Hormuz. News of the ceasefire pushed Brent Crude futures back down to...