Czech Inflation Rate YoY Final (Dec) Y/Y 2.1% vs. Exp. 2.1% (Prev. 2.1%)
The Czech inflation rate for December came in line with expectations at 2.1%, confirming the previous month's reading.
European Movers: Symrise (SY1 GY) +6.1%, Whitbread (WTB LN) +5.1%, Persimmon (PSN LN) +2.6%, Diageo (DGE LN) + 2.1%, Renault (RNO FP) -1.3%, Sudzucker (SZU GY) -1.2%
Boeing (BA) says Aviation Capital Group has finalised a new order for 50 737 max jets
Czech Inflation Rate YoY Final (Dec) Y/Y 2.1% vs. Exp. 2.1% (Prev. 2.1%)
China's MIIT announces plans to target stabilising investment in the manufacturing sector
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This stable inflation print suggests that the current rate environment is likely to remain unaffected, keeping monetary policy stable in the near term. It further supports the notion that inflationary pressures in the region are contained, which could influence the outlook for European Central Bank's decisions moving forward.
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