Thursday, May 10, 2007

Czech Inflation Accelerated to Seven-Month High of 2.5 Percent in April

(Bloomberg) -- Czech inflation accelerated to the fastest in seven months in April, boosting chances borrowing costs may be increased as soon as this month.

The inflation rate rose to 2.5 percent from 1.9 percent in March, with consumer prices adding 0.7 percent on the month, the Prague-based statistics office said on its Web site today. The data exceeded a median forecast of 2.2 percent by 10 economists in a Bloomberg survey.


Read more at Bloomberg Emerging Markets News

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