The sharp fall in Czech inflation last month, to just 0.1% y/y, was due to both base effects and the impact of lower oil prices on fuel inflation. There is a risk that the headline inflation rate could slip into negative territory over the coming months. However, the strength of November’s industrial production figures suggests that policymakers are unlikely to take any immediate action.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to gain:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services