Our Emerging Europe Chart Pack has been updated with the latest data and our analysis of recent developments.
Emerging Europe is less vulnerable than other EM regions to higher US import tariffs, but we have still recently nudged down some of our GDP growth forecasts for this year. Monetary policy will be eased slightly more quickly than we previously thought in some places thanks to an improvement in the near-term inflation outlook (e.g. Poland), but the big picture is that stickiness in price pressures will limit how far interest rates are cut over the coming years. In most cases, are forecasts are more hawkish than consensus.
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