04-07-2025
Quickening Inflation Adds to Czech Central Bank's Cautious Case
Czech inflation accelerated in June to the fastest pace this year, supporting policymakers' cautious approach and limiting room for further interest-rate cuts.
Consumer prices rose 2.9% from a year earlier, up from 2.4% in the previous month, according to preliminary data from the Czech Statistics Office in Prague on Friday. The reading matched the median estimate in a Bloomberg survey and was slightly above the central bank's own 2.8% projection for the month.
