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2022/08/08 / Erste Group Research
Inflation getting close to the peak

This week, inflation numbers for July will be published in most of the CEE countries. In Czechia, Hungary and Serbia, we expect headline CPI to increase further, while in Romania, we believe that the peak was reached in June and inflation should ease in July. Other CEE countries should see the peak of inflation in the course of the third quarter. The Serbian central bank is to hold a rate setting meeting and we expect another 25bp hike so that the policy rate should reach 3%. Finally, industrial output growth and trade data for June will be published across the region. It will be interesting to see whether export activity was already affected in light of the slowing German economy.

General information

AuthorErste Group Research
Date2022/08/08
Product typeweekly / bi-weekly
Product nameVideo
Topic in focusFX, Macro/ Fixed income
Languageen
Market cap-
AvailabilityAll [1]
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