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

...macroeconomic projections. 
 
CONSUMER INFLATION         JUNE 2008              DEC 2008 
 pct chng y/y               3.5-4.9            3.5-4.9 (2.7-4.1) 
  
CONSUMER INFLATION NET OF IMPACT OF INDIRECT TAX CHANGES 
                            JUNE 2008              DEC 2008 
 pct chng y/y                2.6-4.0               3.0-4.4 
 
GDP                               2007              2008 
 Real GDP (pct chng y/y)    5.5-6.7 (4.9-6.5)  4.1-6.7 (3.8-6.8) 
 
    NOTE. Brackets denote previous GDP forecasts published in 
April. The previous April inflation forecast pegged the annual 
CPI at 2.1-3.5 percent in March 2008 and 2.2-3.6 percent in 
September 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.