Stability of rates in Poland

The beginning of the week will be quite dynamic, with flash inflation releases in several CEE countries. In fact, June inflation numbers will be flowing throughout the week. On Monday, Croatia and Serbia will publish retail sales and industrial output growth in May. Serbia will also release its May trade balance. Later in the week, trade data will be published by Hungary and Slovenia. Hungary will also release industrial production in May at the end of the week. On Wednesday, Poland’s central bank is to hold a rate-setting meeting; we expect stability of rates. New growth and inflation projections will be released as well. Finally, Romania will release its unemployment rate and producer prices in the middle of the week.