Martin Slaný: Inflation in the Czech Republic has no chance to fall below 2% in the near future

Why is inflation unlikely to fall below 2% anytime soon? This and much more will be discussed in today's exclusive interview with economist Martin Slany.

This time, I've brought in Martin Slany, Chief Economist at DRFG and lecturer at the University of Economics in Prague, to talk to him about the current events surrounding inflation.

I'd like to talk to you about the outlook for 2023. Recently, the CBA published its macroeconomic outlook and I'd like to get your opinion. Specifically, your view on whether we will finally see inflation fall to single digits?

Almost certainly this year, but whether headline average inflation will also be in single digits this year is a question. More importantly, however, is when inflation will return to values that correspond, or rather corresponded before the inflationary period, to long-term inflation - i.e. to values around 2%.