CEE: Inflation of toys in the region
|On the radar
- This is last CEE FX and FI Daily in 2025. Next one will be published on January 7.
- Producer prices in Slovakia went up by 0.7% y/y in November.
- Real retail sales grew 3.1% y/y in November.
- Real wage in Slovenia increased by 4.5% y/y in October.
- Today, Hungary releases current account data.
- Poland will publish unemployment rate.
Economic developments
The CEE7 average shows headline HICP up by roughly 42% since January 2020 (green), while toys & celebration articles have risen at a milder rate 20% (pink). The gap opened sharply in 2022–23 as broad inflation surged, but toy-related prices have since stabilized and tracked a gentler slope. That said, Santa’s toy workshop is more budget friendly than the rest of the basket. That should support holiday volumes as retailers lean on promotions, even though households still feel broader price pressure outside the toy aisle. We wish all our readers happy and peaceful holiday time!
Market movements
All CEE currency pairs moved up in Monday, while yields have been declining slightly. Poland’s President Karol Nawrocki has appointed sociologist and statistician Marcin Zarzecki to the Monetary Policy Council, effective from December 22, 2025. He will replace Kochalski whose term ended this month. Romania sold 2027 and 2034 Government bonds. The demand was stronger for shorter dated papers. Hungarian Prime Minister Viktor Orban said he’s not the only person who could be the ruling party’s candidate for premier in next year’s election. He pointed to Lazar and his longtime finance minister and now central bank Governor Mihaly Varga as alternatives.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.