EM Policy Credibility — Weekly Briefing (2026-10-26)
Romania and Croatia were the two material movers in the panel this week, both driven by Credibility Gap.
- Romania move: Composite credibility score rose from 46.0 to 50.2, a change of +4.2, driven by Credibility Gap (+17.2).
- Croatia move: Composite credibility score rose from 52.2 to 56.3, a change of +4.1, driven by Credibility Gap (+20.9).
- Data gap: 13 sources are degraded this week (BIS_POLICY_RATES, EMBER, EPU, EUROSTAT, FAO, FRED_CPI, ILO_CPI, IMF_CTOT, IMF_IFS_CPI, IMF_MFS, OECD_CLI, OECD_CPI, WB_NIGHTLIGHTS), so this picture is incomplete.
Movers
| Country | Before | After | Change | Driver |
|---|---|---|---|---|
| Romania (ROU) | 46.0 | 50.2 | +4.2 | Credibility Gap |
| Croatia (HRV) | 52.2 | 56.3 | +4.1 | Credibility Gap |
Data caveat: the following sources are currently degraded and may lag: BIS_POLICY_RATES, EMBER, EPU, EUROSTAT, FAO, FRED_CPI, ILO_CPI, IMF_CTOT, IMF_IFS_CPI, IMF_MFS, OECD_CLI, OECD_CPI, WB_NIGHTLIGHTS.