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Chartbook
Created with Highcharts 6.2.0
GDP CEE
4.3%
4.3%
3.2%
3.2%
2.7%
2.7%
2.3%
2.3%
2.2%
2.2%
2.1%
2.1%
2.1%
2.1%
1.3%
1.3%
0.7%
0.7%
4.6%
4.6%
3.3%
3.3%
2.6%
2.6%
2.8%
2.8%
2.7%
2.7%
2.3%
2.3%
3%
3%
1.8%
1.8%
1.1%
1.1%
2026e
2027e
0%
1%
2%
3%
4%
5%
Source: Erste Group
RS
PL
HR
HU
CZ
SI
RO
SK
AT
Created with Highcharts 6.2.0
GDP Growth Eurozone
0.4%
0.4%
0.9%
0.9%
1.2%
1.2%
0.9%
0.9%
1.3%
1.3%
2023
2024
2025e
2026e
2027e
Source: Erste Group
Created with Highcharts 6.2.0
ECB Deposit Facility Rate
2.00%
2.00%
2.00%
2.00%
2.00%
2.00%
2.00%
2.00%
ECB Deposit Facility Rate
ECB Deposit Facility Rate Forecast
Jan '24
Apr '24
Jul '24
Oct '24
Jan '25
Apr '25
Jul '25
Oct '25
Jan '26
Apr '26
Jul '26
Oct '26
1.50%
2.00%
2.50%
3.00%
3.50%
4.00%
4.50%
Source: Refinitiv ®, Erste Group Estimates
Created with Highcharts 6.2.0
Germany 10Y Bund Yield
2.50%
2.50%
2.50%
2.50%
2.50%
2.50%
2.50%
2.50%
Germany 10Y Bund Yield
Germany 10Y Bund Yield Forecast
Jan '24
Apr '24
Jul '24
Oct '24
Jan '25
Apr '25
Jul '25
Oct '25
Jan '26
Apr '26
Jul '26
Oct '26
1.75%
2.00%
2.25%
2.50%
2.75%
3.00%
Source: Refinitiv ®, Erste Group Estimates
Created with Highcharts 6.2.0
US 10Y Treasury Yield
4.20%
4.20%
4.20%
4.20%
4.20%
4.20%
4.20%
4.20%
US 10Y Treasury Yield
US 10Y Treasury Yield Forecast
Jan '24
Apr '24
Jul '24
Oct '24
Jan '25
Apr '25
Jul '25
Oct '25
Jan '26
Apr '26
Jul '26
Oct '26
3.50%
3.75%
4.00%
4.25%
4.50%
4.75%
5.00%
Source: Refinitiv ®, Erste Group Estimates
Created with Highcharts 6.2.0
Inflation Eurozone
5.5%
5.5%
2.4%
2.4%
2.0%
2.0%
1.8%
1.8%
2.0%
2.0%
2023
2024
2025e
2026e
2027e
Source: Erste Group
Created with Highcharts 6.2.0
EUR/USD
1.20
1.20
1.20
1.20
1.22
1.22
1.22
1.22
EUR/USD
EUR/USD Forecast
Jan '24
Apr '24
Jul '24
Oct '24
Jan '25
Apr '25
Jul '25
Oct '25
Jan '26
Apr '26
Jul '26
Oct '26
1.00
1.05
1.10
1.15
1.20
1.25
Source: Refinitiv ®, Erste Group Estimates
Created with Highcharts 6.2.0
EUR/CZK
24.30
24.30
24.25
24.25
24.20
24.20
24.13
24.13
EUR/CZK
EUR/CZK Forecast
Jan '24
Apr '24
Jul '24
Oct '24
Jan '25
Apr '25
Jul '25
Oct '25
Jan '26
Apr '26
Jul '26
Oct '26
24.00
24.50
25.00
25.50
26.00
Source: Refinitiv ®, Erste Group Estimates
Created with Highcharts 6.2.0
EUR/PLN
4.25
4.25
4.30
4.30
4.30
4.30
4.30
4.30
EUR/PLN
EUR/PLN Forecast
Jan '24
Apr '24
Jul '24
Oct '24
Jan '25
Apr '25
Jul '25
Oct '25
Jan '26
Apr '26
Jul '26
Oct '26
4.10
4.20
4.30
4.40
4.50
Source: Refinitiv ®, Erste Group Estimates
Created with Highcharts 6.2.0
CZ 10Y T-BOND
4.27%
4.27%
4.16%
4.16%
4.08%
4.08%
4.04%
4.04%
CZ 10Y T-BOND
CZ 10Y T-BOND Forecast
Jan '24
Apr '24
Jul '24
Oct '24
Jan '25
Apr '25
Jul '25
Oct '25
Jan '26
Apr '26
Jul '26
Oct '26
3.50%
3.75%
4.00%
4.25%
4.50%
4.75%
Source: Refinitiv ®, Erste Group Estimates