Consumer price inflation dropped from nearly 35% y/y in October to under 25% y/y in February and the BNM expects it to drop down to 6.6% by the end of the year.
In each of the last two quarters of the year, the annual decline was steeper than 10%.
Average wages up 15% y/y in nominal terms in January, fully matching the rise in consumer prices after they lagged behind inflation for most of 2022.
World Bank expects Kosovo's economy expanded by 3.1% in 2022, with growth to speed up to 3.7% this year.
23.8% y/y rise in food prices is main driver behind annual hike in consumer prices.
Positive growth in January doesn’t change the big picture: the country is close to five years of industrial decline.
Further rate cuts are expected particularly as the economy could use any impetus to recover from the deep dive seen in Q4.
Inflation peaked in late 2022, and is projected to return to the target within the first half of 2024.
54% of Eurobarometer survey respondents think the switch to the euro was a good thing for Croatia, but 62% think it will increase the inflation.
The slowdown in inflation started in November and consumer prices are expected to ease further during the year.
Non-food retail sales rose by 9.1% y/y, indicating strong consumer confidence.
Inflation slowed in Bosnia for the fourth month in a row.
Inflation research group ENAG records alternative figure of 127%.
Industrial price inflation peaked at over 50% y/y in July-August then fell as prices of energy and food moderated.
Slowdown expected as unfavourable trends in industry and construction sectors continued into the fourth quarter.
Supply chains and production lines hit.
Croatia's economic growth started to slow in late 2022 after robust expansion earlier in the year.
President was already arranging another cut before country was struck by earthquake disaster.
Invasion of Ukraine "accompanied by all-out repression and censorship at home", says EIU, presenting latest Democracy Index.
Gas reserves in Europe's underground storage facilities (UGS) have dropped to 69bn cubic metres and are 63.7% full as of February 22, Gas Infrastructure Europe (GIE) reports.