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Archive for January 16th, 2008

Czech National Bank governor expects inflation at 3 pct in 18 mths

The recent acceleration of the Czech Republic’s inflation is rather the result of the coincidence of two factors and will soon end, Czech National Bank governor Zdenek Tuma said at the Euromoney Conference in Vienna today.
“We expect that within 12 to 18 months, inflation will again be around 3 percent,” Tuma said.
The Czech Statistical Office [...]