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| Czech inflation finally slows but still far from culmination point |
| Prag, 25.10.2022 |
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Czech year-on-year inflation slowed in August, from 17.5 percent in July to 17.2 percent. This followed 13 months of continuous rises. Obviously inflation is still very high, but does this mean the Czech economy has finally turned a corner? I spoke to Cyrrus bank chief economist Vít Hradil.
“Everybody among the analytical community expected the month-on-month inflation rate to go down quite significantly, what I mean by that is the comparison between July and August of this year.
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