Inflation and monetary policy: Headline CPI eased from 2.9% to 2.7% y/y in July, but core pressures persist in selected services, rents and wages. Forecasts project average inflation of 2.4% in 2025 and 2.2% in 2026. The central bank held the repo at 3.50% in August and signalled a hawkish tone, reducing scope for further cuts this year. #CNB #FiatNews