Diminishing appetite for monetary easing

This week, regular monthly data will dominate the release calendar in CEE. Poland will be the first to release industrial output and wage growth data for February. The February Producer Price Index (PPI) will be published in Czechia, Poland, and Slovenia, potentially providing more insights into the underlying forces behind inflation development. Croatia and Slovakia will release unemployment rates for February, and several countries will publish foreign trade and current account statistics for January. On Friday, the Czech National Bank (CNB) will publish minutes from the last MPC meeting. Global factors to watch include tariffs, FOMC meeting, ongoing cease-fire discussions, and amendments to the German debt brake rule. After the market closes on Friday, Moodys is scheduled to review Polands rating, with no changes in rating or outlook expected.