CNB says headline inflation has picked up and will be between 2-3% for the remainder of 2026 due to the Middle East conflict; policy is restrictive despite the recent rise

The CNB's assertion that headline inflation is expected to remain between 2-3% for the remainder of 2026, attributed to the ongoing Middle East conflict, indicates a potential shift in inflation expectations. Despite this rise, maintaining a restrictive policy stance suggests the bank's commitment to managing inflation pressures, which may influence market perceptions of future rate decisions and risk sentiment across assets.