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2021/12/20 / Erste Group Research

We expect the CEE8 to keep solid growth dynamics also next year and we see FY22 GDP growth at 4.4%. While CEE economies will remain on growth trajectory, it is inflation that will gather most of the market attention. As we expect inflation to remain elevated in several large CEE economies in early 2022, the average inflation rate in CEE8 may rise from 4.4% this year to 5.1% in 2022 before easing more visibly in 2023. As inflation is expected to remain elevated next year and central banks remain concerned about second-round effects, monetary tightening will continue.

General information

AuthorErste Group Research
Product nameVideo
Topic in focusFX, Macro/ Fixed income
Economy in focusCEE
Currency in focus-
Sector in focus-


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