Autor: ‘Ján Tóth’

SPECIAL REPORT: FISCAL POLICY IN 2001

Fiscal Deficit at 2.3% of GDP in August (last 12m), expected to worsen to 4% by December
According to the drafted numbers, structural budget deficit is expected to worsen by 0.7% of GDP in 2001
Low fiscal policy credibility and unsustainab

15. November 2000 

SLOVAK KORUNA REVISITED

Optimal currency basket confirmed at 100% euro Introducing the central bank’s informal basket – interventions between index values of 1.025-1.012 The central bank’s intervention threshold probably changed from Sk41.5/E

14. November 2000 

UNDERLYING DEMAND-PULL INFLATION STILL VERY LOW

Headline CPI flat at 8.6% on higher food but lower fuel prices
Targeted Core CPI (inc. food) down from 4.9% to 4.8%
Ex-food ex-fuel Core CPI (a proxy for demand-pull inflation) is running at annualised 2.7% recently

10. November 2000 

KURZY

16. 1. 2018

USD 1,223 0,005
CZK 25,516 0,015
GBP 0,889 0,002
HUF 308,750 0,150
CAD 1,519 0,007

SPOLUPRÁCA