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Industrial PPI Inflation Slows More Than Forecast

CZECHIA
  • Czechia's industrial PPI inflation slowed to 10.2% Y/Y in March from +16.0% prior versus +11.3% expected.
  • Seznam Zpravy cited a senior CNB official as noting that further buying of CZGBs by domestic banks could pose a risk to their stability in the event of a debt crisis.
  • The Cabinet will hold its weekly meeting this afternoon after the morning session of the Chamber of Deputies.
  • The CNB said that Governor Ales Michl and Deputy Governor Eva Zamrazilova will speak at an event on May 15 at 13:00BST/14:00CEST.

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