Czech Inflation Below Forecast Boosts Case for February Rate Cut
- Koruna weakens as Zamrazilova says CPI is ‘pleasant surprise’
- Central banker sees rising odds of policy easing in early 2025
Czech inflation accelerated less than expected, prompting a senior central banker to signal that interest-rate cuts may resume early this year. The koruna weakened.
Consumer prices in December rose 3% from a year earlier, up from 2.8% in the previous month, the Czech Statistics Office said on Monday. Both the median analyst estimate and the central bank’s forecast for the month were at 3.3%.