CNB Minutes (Nov):
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The Bank Board assessed the risks and uncertainties of the outlook for the fulfilment of the inflation target as inflationary overall. There was a consensus that domestic demand was resilient for now and there were no visible signs of a cooling due to the higher energy prices. In a discussion of domestic inflation, Jan Kubíček drew attention to the repeatedly slightly higher-than-expected core inflation readings.
The CNB assessed inflation risks as inflationary; its November 10 outlook said core inflation should remain stable in the coming months and the underlying trend had changed little.
News detail
The Bank Board assessed the risks and uncertainties of the outlook for the fulfilment of the inflation target as inflationary overall. There was a consensus that domestic demand was resilient for now and there were no visible signs of a cooling due to the higher energy prices. In a discussion of domestic inflation, Jan Kubíček drew attention to the repeatedly slightly higher-than-expected core inflation readings.
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