Czech Republic: Selected Issues

August 17, 2004

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Czech Republic: Selected Issues, (USA: International Monetary Fund, 2004) accessed November 22, 2024

Summary

This Selected Issues paper analyzes current developments and outlook for inflation in the Czech Republic. Inflation in the Czech Republic has fallen substantially since peaking in the double digits in 1998. The crisis-led depreciation of the koruna in mid-1997 pushed year-over-year inflation to more than 13 percent. The paper presents the IMF staff analysis that shows that without interest rate increases, inflation is likely to begin to rise above the midpoint of the Czech National Bank’s target in mid-2005. The paper also analyzes the Czech labor market in a cross-country perspective.

Subject: Employment, Inflation, Labor, Labor markets, Prices, Unemployment, Wages

Keywords: CR, D. inflation projection, Employment, Headline inflation, Inflation, Inflation equation, Inflation model, ISCR, Labor markets, Net inflation, One-off inflation factor, Southern Europe, Unemployment, Wages, Western Europe, Year-on-year inflation

Publication Details

Pages:

33
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2004/265
Stock No:

1CZEEA0062004
ISBN:

9781451810202
ISSN:

1934-7685

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