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

...projections. 
 
CONSUMER INFLATION          SEPT 2008            MARCH 2009 
 pct chng y/y           4.4-5.8 (3.5-4.9)     3.1-4.5 (3.5-4.9) 
 
CONSUMER INFLATION NET OF IMPACT OF INDIRECT TAX CHANGES 
                            SEPT 2008            MARCH 2009 
 pct chng y/y           2.5-3.9 (2.6-4.0)     2.6-4.0 (3.0-4.4) 
 
GDP                   2007                2008             2009 
 pct chng y/y    5.8-6.6 (5.5-6.7)   3.9-6.1 (4.1-6.7)   4.1-7.1 
 
    NOTE. Brackets denote previous GDP forecasts published in 
July. The previous July inflation forecast pegged the annual CPI 
at 3.5-4.9 percent in June 2008 and 3.5-4.9 percent in December 
2008, inflation net of impact of indirect tax changes at 2.6-4.0 
percent in June 2008 and 3.0-4.4 percent in December 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. 
 

[Reuters/Finance.cz]