TABLE-Czech c.bank gives new CPI/GDP forecasts

...macroeconomic projections. 
 
CONSUMER INFLATION           DEC 2007              DEC 2008 
 pct chng y/y                3.2-4.2               2.7-4.1 
 
CONSUMER INFLATION NET OF IMPACT OF INDIRECT TAX CHANGES 
                            MARCH 2008            SEPT 2008 
 pct chng y/y                2.1-3.5               2.2-3.6 
 
GDP                               2007              2008 
 Real GDP (pct chng y/y)    4.9-6.5 (4.4-6.2)  3.8-6.8 (3.1-6.5) 
 
    NOTE. Brackets denote previous GDP forecasts published in 
January. The previous January inflation forecast pegged the 
annual CPI at 2.4-3.8 percent in December 2007 and 2.8-4.2 
percent in June 2008. 
    The central bank always forecasts inflation for 12-18 months 
ahead, the time it believes it takes for monetary policy 
decisions to filter fully through the economy.