Weekly Highlights:

  • Neither the NBH nor the NBP are likely to cut rates again before the end of the year

  • While wage growth remain strong in Poland, it slows in Hungary

  • In focus: our CE leading indicators tend to stabilise

  • The NBP Monetary Council on hold despite very low inflation readings


Chart of the Week: CE Leading Indicators

Chart of the Week

After deterioration during recent months, CE leading indicators tend to stabilise.

This non-exhaustive information is based on short-term forecasts for expected developments on the financial markets. KBC Bank cannot guarantee that these forecasts will materialize and cannot be held liable in any way for direct or consequential loss arising from any use of this document or its content. The document is not intended as personalized investment advice and does not constitute a recommendation to buy, sell or hold investments described herein. Although information has been obtained from and is based upon sources KBC believes to be reliable, KBC does not guarantee the accuracy of this information, which may be incomplete or condensed. All opinions and estimates constitute a KBC judgment as of the data of the report and are subject to change without notice.

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