TITLE

DATA & FORECASTS

PUB. DATE
November 2005
SOURCE
Emerging Europe Monitor: Central Europe & Baltic States;Nov2005, Vol. 12 Issue 11, p7
SOURCE TYPE
Country Report
DOC. TYPE
Country Report
ABSTRACT
The article focuses on the economic conditions in Czech Republic. According to Business Monitor International Ltd. consumer price growth measured 1.7% year-on-year in August, as the run of sub 2% inflation continued into its eighth month despite the buoyant economy. The absence of inflationary pressures has enabled the National Bank to pursue a stable and expansionary monetary policy, which is a crucial factor in encouraging the investment necessary for sustainable growth in the medium term. A recovery in domestic demand over the forecast period is also anticipated, which should pull inflation close to 3% in 2006 and 2007.
ACCESSION #
18561490

 

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