The much weaker-than-expected rise in Czech consumer prices last month, of just 0.1% y/y, is unlikely to raise fresh concerns about deflation. But even so, it may tip the balance on the MPC in favour of extending their commitment to keeping the exchange rate ceiling in place for longer.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.