Czech economy generating ‘noticeable inflationary pressures’
Minutes released from Czech National Bank board’s September meeting
The Czech economy is "starting to generate noticeable inflationary pressures" according to members of the Czech National Bank board, who discussed the outlook for prices in their meeting on September 25.
Minutes from the meeting, released today, show "it was said that the rapid rise in wages and the forecast for further wage growth were signalling the emergence of the first inflationary pressures in the domestic economy".
Nonetheless, the board is still concerned by the "uncertainty surrounding
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