PRAGUE: Czech consumer prices dipped by 0.2% on a monthly basis in December, putting the year-on-year inflation rate at 2.3%, the lowest since December 2018, statistics office data showed on Wednesday.
The year-on-year rate slowed from a reading of 2.7% in November and was below a Reuters poll forecast of 2.6%.
The headline inflation figure was below the central bank's prediction of a 3.0% year-on-year rise of prices for December. The bank targets inflation at 2%, with a +/- 1 percentage point tolerance band.
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