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Czech Republic Inflation November 2018

Czech Republic: Inflation edges down to Central Bank’s target in November

Consumer prices declined 0.1% from the previous month in November, contrasting October’s 0.4% rise. Data released by the Czech Statistical Office (CSO) revealed that November’s dip was largely due to lower prices for food and non-alcoholic beverages.

Meanwhile, inflation edged down from 2.2% in October to 2.0% in November. As a result, inflation landed at the midpoint of the Central Bank’s 1.0%–3.0% tolerance band. Annual average inflation remained unchanged at October’s 2.2%.

Czech Republic Inflation Forecast

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