TITLE

Rate Hike Delayed

PUB. DATE
April 2011
SOURCE
Emerging Europe Monitor: Central Europe & Baltic States;Apr2011, Vol. 18 Issue 4, p7
SOURCE TYPE
Country Report
DOC. TYPE
Article
ABSTRACT
The article offers information on the outlook of the economy of Czech Republic based on the forecast of Business Monitor International (BMI) Ltd. for 2011-2012. It mentions that Czech National Bank has maintained the interest rate at 0.75% after its monetary policy committee (MPC) meeting in February 3, 2011. It states that in 2011 real gross domestic product (GDP) growth will increase by 2.4% because of the fiscal austerity program of the government but account deficit will be 3.8% of the GDP.
ACCESSION #
59972948

 

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