Inflation will see a rise in January due to increasing electricity prices
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Inflation will see a rise in January due to increasing electricity prices but should start to fall from the spring, central bank Governor Ales Michl said on Monday.
Michl, writing in a weekly column for newspaper Mlada Fronta Dnes, said reducing inflation was a priority and reiterated that interest rates would remain higher "than we were used to" in past 10 years for some time as the bank wants to motivate people and firms to save and invest. (Reporting by Jason Hovet)
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