Czech National Bank releases inflation goal

11-03-2004

The Czech Republic's central bank, the Czech National Bank, has said it would like inflation to range between 2.0 and 4.0 percent between the year 2006 and the expected introduction of the euro at the end of the decade. The last inflation goal in 2001 predicted a slight decrease in inflation from between 3.0 and 5.0 percent in 2002 to between 2.0 and 4.0 percent at the end of next year.