Czech c.bank: fuels, food squashed CPI below fcast

08.10.2008 | , Reuters
Zpravodajství ČTK


perex-img Zdroj: Finance.cz

Food and food prices continued to push Czech inflation below the central bank's forecast in September, the bank said on Wednesday...

...

Consumer prices rose 6.6 percent year-on-year, slightly above analyst's forecast of 6.5 percent but below the bank's August quarterly forecast which predicted 7 percent.

The bank said adjusted inflation excluding fuels was slightly above forecast but reiterated the outlook that inflation will fall to the bank's 3 percent target next year.

[PRAGUE/Reuters/Finance.cz]

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