Slovak c.banker says no threat from consumption

05.12.2007 | , Reuters
Zpravodajství ČTK


perex-img Zdroj: Finance.cz

Slovak household consumption growth is not posing an inflationary threat at the moment, central bank (NBS) Governor Ivan Sramko said on...

...Wednesday.

"Household consumption has risen ... due to wage and credit growth. So far, we do not identify it as a serious risk but we need to monitor it," he told reporters after a cabinet meeting.

Slovakia aims to join the euro zone in 2009. The central bank has kept its key interest rate unchanged at 4.25 percent for the past seven months. (Reporting by Martin Santa, writing by Jan Lopatka)

Keywords: SLOVAKIA CBANKER/

[BRATISLAVA/Reuters/Finance.cz]

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