The Czech National Bank´s Inflation Report for Q4 1999

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Czech Journal of Economics and Finance (Finance a uver), 2000, vol. 50, issue 4, 194-206

Abstract: During the course of 1999 Q4, the price trend changed. The long-term tendency toward a slowdown in CPI inflation was replaced by a slight pickup. Year-on-year CPI inflation was 2.5% in December ?99. The net inflation index stood at 1.5%, i.e., 2.5 percentage points below the lower boundary of the Czech National Bank?s 4?5% target interval. Two-thirds of the deviation from the expected net inflation outturn at the end of the year was attributable to food prices, and one-third to adjusted inflation items.

Keywords: inflation; central bank; monetary policy (search for similar items in EconPapers)
JEL-codes: E31 E50 (search for similar items in EconPapers)
Date: 2000
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Persistent link: https://EconPapers.repec.org/RePEc:fau:fauart:v:50:y:2000:i:4:p:194-206

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