Czech National Bank – November Inflation Report
The Czech National Bank's final Inflation Report of the year said inflation will hover near zero in the final three months of this year and the first quarter of next, and climb to slightly above the 2% target towards the end of 2010.
Inflation adjusted for the first round effects of changes to indirect taxes, on which rate decisions are based, will be below headline inflation in 2010, the report said. "This is due to changes stemming from a package of measures adopted to reduce the state budget
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