Inflation and two central banks’ meetings

This week is all about inflation across the region. In a few countries, we already know the price development, thanks to flash estimates; apart from Slovakia, inflation rates increased in December. This week, Czechia, Hungary, Romania and Serbia will release their December inflation figures. None of the countries expect inflation to have gone down at the end of the year. As far as price development is concerned, Croatia and Czechia will release producer prices for December as well. In Romania and Poland, central banks are to hold rate setting meetings, and we expect stability of rates in both countries. Finally, in Slovakia and Romania, wage growth will be released, while in Romania, Poland, Slovakia and Serbia, trade and current account data will be published.