Central bank meeting in Serbia and June’s inflation across the region

This week, the Serbian central bank is holding a rate setting meeting (stability of rates is our baseline scenario), while June's headline inflation will be observed throughout the week. In Romania, we expect inflation to decline further, and a similar trend is expected in Hungary. Additionally, we anticipate inflation in Serbia to fall towards 4.1% y/y in June. The industry sector's performance will be reported in Czechia, Slovakia, Slovenia, and Romania, while the trade balance for May is due to be released in Slovakia and Romania. These two countries will also publish wage growth, which has been quite dynamic in Romania for a while and accelerated in recent months in Slovakia. Finally, producer prices will be released in Serbia and Croatia.