Czech Republic: Inflation below Forecast

BusinessEconomy ♦ Published: March 10, 2014; 17:36 ♦ (Vindobona)

Inflation in February in the Czech Republic was below the Czech National Bank’s (CNB) forecast.

Month-on-month inflation in the Czech Republic comes at 0.2 percent. / Picture: ©

Because of a greater decrease than expected in regulated prices, the country’s inflation rate remained below the National Bank’s expectation, CNB published today.

While consumer prices increased 0.2 percent last month year-on-year inflation came at 0.2 percent. The Czech National Bank once more underlined that the decision to push through with monetary interventions last…