Financial Market Inflation Expectations – June
(World News Cezch Republic)

Financial Market Inflation Expectations www.cnb.cz Contents I. SUMMARY 3 II. INFLATION 4 III. GROSS DOMESTIC PRODUCT 5 IV. INTEREST RATES - 2W REPO, PRIBOR, IRS 7 V. EXCHANGE RATE 9 VI. NOMINAL WAGES 10 I. -- Summary I. SUMMARY Fourteen domestic and three foreign analysts sent in their contributions to the June survey within the set deadline. The results show that the average view of the extent of this year`s downturn and inflation remains unchanged at the one-year horizon. However, the prospect of an economic recovery next year is slightly less optimistic and the expected inflation has again shifted just below the 2% inflation target set by the CNB. The opinion on monetary policy settings...