Emerging Europe Economics

Emerging Europe Economics Focus

10 May, 2017

Mind the gap: CEE economies running out of slack

One important consequence of the recent period of strong growth in Central and Eastern Europe is that economies are now running at close to full employment. We expect growth to remain robust over the next 12 months but, as output gaps close, underlying inflation pressures will begin to build. This is likely to prompt central banks in most countries to begin tightening monetary policy over the next year and a half, meaning that by 2018/19 growth starts to slow.

Access this publication and more, take our free trial subscription today.

Free Trial

Already a subscriber? Simply log in to view this article.

Save to Library

New Book

Making a Success of Brexit
and Reforming the EU

by Roger Bootle

"Outstanding - engaging - absorbing"
Daily Telegraph

Buy now on Amazon
We use cookies to ensure you get the best experience on our website. Read our Cookie Policy for more information.