Deflation Likely In Short Term

October 2009
Emerging Europe Monitor: Central Europe & Baltic States;Oct2009, Vol. 16 Issue 10, p1
Country Report
The article reports on the economic outlook of Czech Republic for 2009 to 2010 by the Business Monitor International (BMI). It says that the country will undergo a short term deflation in the second half of 2009 because of the aggregate demand destruction weighs on upside price pressure. It further states that the country will have a positive consumer price index growth by the end of 2009 and 2010.


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