• Consumer prices increased to 2.5% y/y from 1.9% in March. Surprisingly high inflation was primarily influenced by food prices.
• Before publication of today’s figures, head of monetary section of Czech National Bank Mr. Holub stated that core inflation was going to increase to 2.5% in the following twelve months. He reiterated forecast of CNB for stable koruna
exchange rate during this year.
• April’s unemployment declined to 6.8% from 7.3% in March. Fast growing economy is creating new job opportunities as their number is the highest since establishment of the Czech Republic.
ding to expectations US Fed left interest rates unchanged. Also, it underlined that its main concern are inflationary risks. Economy growth weakening remained in the second place.
• Slovakia’s retail sales increased by 6.0% y/y against estimated 5.1%.