Czech Republic: Disinflation Continues

Politics ♦ Published: March 29, 2013; 11:28 ♦ (Vindobona)

Analysts expect Czech economy to grow by 1.7 % next year.

Czech Republic: Disinflation Continues / Picture: ©

The consumer price index recorded its smallest year-on-year increase since August 2011 (1.7 % in February).The average annual inflation forecast based on the March survey fell by 0.1 pp to 1.7%. The analysts’ views were unchanged at the three-year horizon and their expectations remain at 1.9%. The range of the forecasts was unchanged from the previous survey. Both the minimum and…