Serbia Watch: Inflation still remains elevated in September at 4.2% yoy

Ljiljana GRUBIC OCTOBER 11, 2024 14:29 CEST

The monthly dynamics in retail prices slowed their pace in September (+0.1% mom), after 0.4% mom increases in August and July. The headline print moderately slowed to 4.2% yoy after 4.3% yoy in August, thus remaining within the inflation target (3% +/-1.5pp).

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ECB Watch: “It moves after all!”

Gunter DEUBER OCTOBER 11, 2024 08:16 CEST

We now expect that the ECB will cut interest rates again in October. We see many good reasons and interesting background factors on top of the recent positive inflation print for the increased degree of monetary policy flexibility at the European Central Bank, which is beneficial for the euro area overall.

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Czechia Watch: Inflation is not giving up

Martin KRON OCTOBER 10, 2024 13:35 CEST

Annual inflation rose to 2.6% in September from 2.2% recorded during the summer holiday season. An increase was widely expected, but the result was higher than both our and the market forecast (2.4%).

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Serbia Watch: Key rate flat in October

Ljiljana GRUBIC OCTOBER 10, 2024 13:30 CEST

The Executive Board of the National Bank of Serbia (NBS) left the key rate at 5.75%, pausing the easing cycle to assess the impact of the previous cuts on the economy while being cautious about inflation given the still high geopolitical risks and drought.

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Albania Watch: Tourist selfies & construction cranes, GDP gets an upgrade

Fjorent RRUSHI OCTOBER 08, 2024 09:36 CEST

Albania’s economy surged by 4.1% yoy in H2 2024, fueled by construction and tourism. Despite export challenges, domestic demand thrived. Revised GDP data showed better-than-expected growth, with real GDP at 3.9% for 2023. This strong performance boosted the 2024 GDP forecast to 4.0%, positioning Albania for a promising economic future. Continued success hinges on robust demand, rising investments, and alignment with EU standards.

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Bosnia a. H. Watch: GDP Q2 below expectations, at 2.2% yoy

Ivona ZAMETICA OCTOBER 04, 2024 13:29 CEST

The Q2 GDP release reveals a weakened momentum followed by a downward revision of Q1 by 20bp. GDP growth in Q2 landed at 2.2% yoy in real terms, even though high-frequency indicators on the consumption and lending side gave a sense of better performance in Q2, apart from the troubled industrial side and exports.

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Bosnia a. H. Watch: The lowest level of inflation in Western Balkan region

Ivona ZAMETICA SEPTEMBER 30, 2024 15:34 CEST

Thanks to the moderate level of key headline inflation segments, (Food, Transport and Housing) which were driving inflationary peaks in previous years, B&H has now taken the first place in the WB region in CPI deceleration trend with an average of 1.9% yoy in Jan-Aug 2024.

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