The Czech Statistical Bureau (CSU) released on Wednesday the following consumer price data for January: CONSUMER INFLATION JAN 07 DEC 06 JAN 06 pct change month/month 1.0 0.2 1.4 pct change year/year 1.3 1.7 2.9 NOTE: The average rate of inflation over the past 12 months was 2.4 percent in January. The statistics office updated the basket of goods and services used to calculate the Consumer Price Index (CPI) as of January 2007, rebasing it to 2005 and raising the weight of housing as well as transport costs at the expense of foodstuffs. Analysts polled by Reuters had predicted that month-on-month consumer prices rose in January by 1.6 percent, which would have put the year-on-year inflation rate at 1.9 percent . (Reporting by Mirka Krufova in Prague) ((For past economic data and analysts' forecasts, double click on )) ((Editing by Alan Crosby; prague.newsroom@reuters.com; Reuters Messaging: mirka.krufova.reuters.com@reuters.net; +420 224 190 477)) Keywords: CZECH ECONOMY/INFLATION
[Reuters/Finance.cz]