• Industrial producers’ price index increased by 0.6% in April and year-on-year inflation measured by this index increased by 0.1% to 3.7%. Prices were dragged up by increasing prices of oil and metals. • Opposition party CSSD has branded the planned sale of 7% state stake in CEZ as a mistake and short-sighted plan. Also, chairman of Social Democrats Jiri Paroubek has warned against efforts of bringing assets out of the company. • According to forecast of Ministry of Finance, Czech economy should grow, without implementing changes such as pension reform, only by 0.8% in 2050. Decline of available workforce because of population ageing is the reason. • Slovakia’s inflation beat expectations. Harmonised consumer prices‘ index increased by 0.3% m/m in April and by 2.0% y/y. • US inflation slightly lower. Consumer prices‘ index increased by 0.4% m/m and by 2,6% y/y in April which is slightly below estimates. Core inflation is in line with expectations. • Rapid European growth. In the 1Q07, Eurozone’s GDP increased by 3.1% y/y against expectations for 2.9%. In the previous quarter GDP increased by 3.3%.