TABLE-Czech central bank sees softer 2023 economic drop, higher inflation

Kitco Media
By Reuters
Published:
Updated:
Reuters
PRAGUE, Feb 2 (Reuters) - The Czech central bank on Thursday released the following forecasts in its updated macroeconomic outlook. GDP 2023 2024 pct changed y/y -0.3 (-0.7) +2.2 (+2.5)
AVG 3-MO PRIBOR 2023 2024 % change y/y 7.0 (7.0) 4.8 (5.3)
AVG EXCHANGE RATE 2023 2024 CZK/EUR 24.5 (24.8) 24.6 (24.7)
AVG CONSUMER INFLATION 2023 2024 % change y/y 10.8 (9.1) 2.1 (2.4) NOTE. Brackets denote previous forecasts published on Nov. 3. The inflation forecast in the November outlook pegged annual CPI at 2.7% in the first quarter of 2024 and 2.1% in the second quarter of 2024.
(Reporting by Robert Muller and Jason Hovet)

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