Industry, producer prices and labor market data

CEE Insights , 16. Sep.
Industry, producer prices and labor market data
Industry, producer prices and labor market data
This week in CEE

This week, Poland will release its set of data. Most important seems to be industrial output growth in August. Apart from that, producer price development will be published not only in Poland but also in Czechia and Slovenia. While these releases have limited market impact by themselves, they will provide insight into possible trends in headline inflation. In addition, we will get to see labor market data; in particular, Augusts unemployment rate in Slovakia and Croatia, as well as wage growth in Poland (August) and in Croatia (July). Finally, current account data will be released in Slovakia and Serbia. On Friday, after market closes Croatia will be scrutinized by Fitch Ratings. That comes week after the S&P upgraded Croatias rating to A- with positive outlook.

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In case you missed
CEE: Some of the CEE countries managed to avoid recession. Labor market untouched by slowdown HR: Technical recession, but brighter outlook. We revise our growth forecast up to 1.0% in 2023. RO: Slow road to recovery for manufacturing. 4Q22 GDP in line with expectations. January inflation surprised to downside SK: Change of price lists in services. Labour market still on a positive trajectory with solid economic growth at the end of the year. Fitch affirmed Slovakia’s A with negative outlook. SI: 4Q22 GDP growth decelerating to 0.2% y/y