Czech Inflation Surges Past Expectations to 2.5% in September
Czech inflation accelerated to 2.5% year-on-year in September, surpassing preliminary expectations and reinforcing the likelihood that the central bank will maintain the possibility of an interest rate hike.
5% year-on-year in September, preliminary statistics office data showed on Tuesday. The reading supports expectations that the central bank will keep the option of an interest rate hike on the table in the coming months.