Emerging Europe Economics Weekly Political deadlock in Israel, CEE tightening in focus Israel’s election this week delivered no clear winner. While political uncertainty won’t have much bearing on the country’s security strategy or near-term economic outlook, it makes it less likely... 30th October 2026 · 5 mins read
Emerging Europe Rapid Response Czech & Hungary GDP (Q3) & Poland CPI (Oct.) The preliminary Q3 GDP figures out of Czechia and Hungary were on the disappointing side, although we expect growth in both economies to accelerate in the coming quarters. The Czech figure still... 30th October 2026 · 2 mins read
Emerging Europe Chart Pack Emerging Europe Chart Pack (October 2026) Emerging Europe has weathered the energy shock well and we expect regional growth to strengthen in 2027. We remain upbeat on growth in Poland and Czechia, but more cautious than the consensus on... 22nd October 2026 · 1 min read
Emerging Europe Economics Update Czechia: inflation pressures to drive further rate hikes With inflation pressures building, labour cost growth remaining high and credit growth strong, the conditions appear to be in place for the Czech central bank (CNB) to continue its tightening cycle at... 22nd October 2026 · 2 mins read
Emerging Europe Economics Weekly Glapinski holding out … but rate hikes coming soon Governor Glapinski’s post-meeting press conference this week shifted in a more hawkish direction and we now think that some modest tightening of monetary policy (50bp in total) will be delivered in... 9th October 2026 · 5 mins read
Emerging Europe Economics Update Surveys point to robust Q3 in Central Europe The survey data for Central Europe published this week point to slightly weaker activity in September than in July or August, but it still looks like regional GDP growth over Q3 as a whole was around... 1st October 2026 · 2 mins read
Emerging Europe Chart Pack Emerging Europe Chart Pack (September 2026) Emerging Europe has weathered the energy shock well so far and we expect regional GDP growth to strengthen in 2027. We remain upbeat on growth in Poland and Czechia, but more cautious than the... 23rd September 2026 · 0 mins read
Emerging Europe Rapid Response Czechia Interest Rate Announcement (September 2026) The decision by the Czech National Bank to leave the policy rate at 3.75% is likely to be followed by a resumption of the tightening cycle in November (with a 25bp move) and we think one further hike... 17th September 2026 · 2 mins read
Emerging Europe Economic Outlook Diverging interest rate cycles Emerging Europe has weathered the energy shock well so far and we expect regional GDP growth to strengthen in 2027. We remain upbeat on Poland and Czechia, but more cautious than the consensus on... 15th September 2026 · 21 mins read
Emerging Europe Economics Weekly Thoughts on a jam-packed week for monetary policy A busy week for monetary policy highlighted the growing divergence among the region's central banks. On the more dovish side, Poland’s appears in no rush to shift to interest rate hikes, while we... 11th September 2026 · 5 mins read
Emerging Europe Economics Weekly Rate cut windows (re-)open in Turkey and Hungary Softer inflation suggests that there’s more scope for monetary easing this year in Hungary and Turkey than we had previously thought, and we have pencilled in more rate cuts into our profile. In... 28th August 2026 · 6 mins read
Emerging Europe Chart Pack Emerging Europe Chart Pack (August 2026) Economic growth has generally held up well since the start of the year, albeit with a divergence that is likely to persist in the coming quarters. Poland is likely to be an outperformer while Romania... 25th August 2026 · 1 min read
Emerging Europe Economics Update CEE: food deflation benefits won’t last Falls in food prices in Central and Eastern Europe (CEE) this year have helped to keep headline inflation rates in check during the energy shock, but this will reverse before long. Global agricultural... 19th August 2026 · 3 mins read
Emerging Markets Economics Update EM wage pressures easing, but pockets of concern EM labour market conditions have softened further this year, with wage growth now back to or below pre-pandemic rates in many places. Inflationary pressures stemming from labour markets have faded... 13th August 2026 · 4 mins read
Emerging Europe Rapid Response Czechia Interest Rate Announcement (August 2026) The decision by the Czech National Bank (CNB) to keep its policy on hold at 3.75% is likely to mark a pause in the tightening cycle, not the end of it. 6th August 2026 · 2 mins read
Emerging Europe Economics Weekly Russia under pressure, financial risks across the region The challenges facing Russia’s economy increased further this week amid reports of more restrictive fuel export bans, spillovers from Ukraine’s drone attacks on logistics firm Wildberries and further... 31st July 2026 · 6 mins read
