Two central bank meetings
CEE Insights , 3. Feb.
There are two central bank meetings scheduled this week. In Poland, we expect stability of rates, while in Czechia, an interest rate cut is quite likely. Other than that, we get to see inflation in Czechia, Croatia and Slovenia. Czechia will release a flash inflation estimate for the first time, shortly ahead of the central bank decision. Inflation in January should remain close to the target. Data on the retail sector performance in December will be published in Hungary, Romania and Slovakia. In Hungary, we have already seen the flash estimate for 4Q24, but in Romania and Slovakia, retail sales growth will complete the data for the last quarter of 2024. In Czechia, Hungary and Slovakia, industrial output growth will also be published. Finally, trade data is due in Hungary, Slovenia and Slovakia.