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Quieter Session Ahead of Final CNB Decision of the Year Tomorrow

CZECHIA
  • Limited domestic newsflow Wednesday, with most local press focussed on defense policy and military spending after Pravo's report that tank upgrades are taking longer-than-expected, delaying the end of the project by a year.
  • MF Dnes writes on European inflation, pointing out that Czech CPI is the highest across the European Union for November - although base effects may be providing a temporary effect into year-end.
  • No notable data due Wednesday, with focus on tomorrow's CNB rate decision. The bank are potentially seen cutting rates by 25bps from the cycle high of 7.00%. Full MNI Preview including summary of sell-side views here: https://roar-assets-auto.rbl.ms/files/58569/MNI%20...

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