mnb statement, 2014-10-28
In addition to one-off inflation-reducing effects, the Bank’s measures of underlying inflation capturing the medium-term outlook still indicate moderate inflationary pressures in the economy, reflecting low inflation in external markets, favourable developments in commodity prices and imported inflation, the degree of unused capacity in the economy, subdued wage dynamics, the fall in inflation expectations and the reductions in administered energy prices implemented in a series of steps.
Sentiment: neutral
Topic: mp_inflation