Data mix due this week
The calendar of macroeconomic releases is quite full. Central bank meetings are planned in Romania and Serbia. In both countries, we expect stability of rates. March inflation figures will be released in Hungary, Romania and Serbia. As far as price development is concerned, producer prices are due in Serbia and Croatia. We will get a series of data on retail and industry sector performances in several CEE countries in February. On Monday, retail sales growth will be published in Romania, Hungary and Slovakia, as well as industrial output growth in Czechia. Industry is due Thursday in Slovakia and Slovenia. Apart from that, we will get to see trade data in Romania, Slovakia and Poland, as well as the current account balance in Romania and Poland. Finally, on Friday after the market closes, S&P is scheduled to review the rating and outlook for Romania; we expect the status quo to be maintained.
President Trumps announcement makes us revise our forecasts for CEE that we plan to publish by mid of the week. Stay tuned.
FX market developments | |
Bond market developments | |