Czech Inflation Below Expectations

Politics ♦ Published: October 9, 2013; 23:39 ♦ (Vindobona)

The Czech inflation rate slowed down to 1.0% in September. In the next months, the country faces a stagnating economy in the best case.

Czech Inflation Below Expectations / Picture: ©

The year-on-year growth of consumer prices decelerated to 1.0% in September and was the lowest since March 2010. The relatively inflation rate is mainly due to the weak domestic consumption. In September, the inflation rate was 0.2 percentage points below the market expectations. Against August, the inflation rate was down by 0.3 percentage points. In July, the…