Central banks in CEE take different views on inflation drop

Institutions in Romania and Hungary forecast a quick return to target

National Bank of Poland entrance and sign
National Bank of Poland
Photo: Andrzej Barabasz (Chepry)

Announcing its latest monetary policy decision, the National Bank of Poland highlighted that annual inflation had slipped below zero in "most" central and eastern European countries.

While this is true, many of the central banks in the region have released their latest forecasts in the past few weeks, and it appears some countries are more optimistic about their inflation outlook than others.

In Poland, for instance, inflation fell to –1% in December, which the central bank acknowledged was

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