is set to release its initial inflation estimate for October this Wednesday. Recent data shows the national inflation rate at 3.6 percent, while the has opted to maintain current key interest rates for the time being.
National Bank Governor notes that international crises, including conflicts in Iran and , are impacting energy prices. While some forecasts suggest inflation could hit 5 percent, Kocher views a return to 10 percent levels as unlikely.
The ECB maintains a 2 percent inflation target, and Kocher indicates a rate hike in 2026 is probable if prices do not stabilize. Although has announced her resignation from the ECB, Kocher expects a decline in inflation by the year 2027.