The Czech National Bank's Inflation Report for Q3 1999
The decline in year-on-year inflation was halted in Q3 1999. After a considerable drop in the previous period, inflation gradually stabilised at its lowest level since 1991, the beginning of the country?s economic transformation. Net inflation continued to be determined largely by food prices. The economy livened up somewhat in Q2 1999, fostered in particular by an improvement in net exports and by growth in household consumption. The current macroeconomic framework is marked by the anti-inflationary effect of the demand side and by the revival of some cost-push inflationary factors. The medium-term inflation trend will be affected by growth in import prices linked with the upsurge of commodity prices on global markets. Looking forward, inflation will rise somewhat over the Q3 level. The mid-value of the net inflation forecast is moderately below the lower limit of the inflation target for the end of 2000.
Volume (Year): 50 (2000)
Issue (Month): 1 (January)
|Contact details of provider:|| Postal: |
Phone: +420 2 222112330
Fax: +420 2 22112304
Web page: http://ies.fsv.cuni.cz/
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:fau:fauart:v:50:y:2000:i:1:p:3-16. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Lenka Herrmannova)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.