• Slovakia’s central left interest rates, according to expectations, unchanged. It slightly increased inflation forecast and warned against possible inflation risks which are mostly related to prices of raw materials but also to koruna exchange rate and growth of wages. • IMF representative warned that until the end of this year Zimbabwe’s inflation could exceed 100,000%. Currently, it stands above 4,500% which is the highest figure in the world. • Hungary’s balance of trade deficit in May was revised to EUR 51.3m from preliminary estimate of EUR 77.2m. • Polish central bank representative, Mr. Noga, announced that monetary policy cycle tightening will last at least until the end of 1H08. He added that economy needs higher rates as soon as possible. • Consumers’ confidence index Conference Board in the USA in July rose to 112.6 against expected 105. Chicago purchasing managers’ index declined in July to 6.9%. • According to preliminary data for July inflation in eurozone declined to 1.8% y/y from 1.9% y/y in June. Unemployment rate in June remained at 6.9%.