Czech Inflation Stays Below Target as Policymakers Gauge Oil Hit


Central bankers in Prague signaled they won’t rush to react to surging energy costs, saying the “favorable starting conditions” with low inflation and robust growth provide time to analyze the impact on consumer prices and economic activity. Price growth eased to the slowed pace in about a decade before the war in Iran, which, together with relatively high interest rates, provided a buffer for absorbing the oil shock, they said.



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