Czech inflation sinks to six-year low

cnb

Czech inflation dipped to its lowest level since September 2003 in July, statistics out Monday revealed.

The Czech Statistical Office, the government's statistics bureau, recorded inflation of 0.3% for the year to July, down from 0.9% for the year to June. The bureau said that the dip was primarily the result of lower prices for food and drink.

News of the falls comes after the central bank said last week that inflation would not fall into negative territory in the coming months [hyperlink]. The

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