捷克央行会议纪要：通胀风险开始成为现实

关键论点

• 会议纪要较新闻发布会更为鹰派，理事会认为通胀风险偏向上行。
• 核心通胀过高，受服务业价格仍坚挺推动；食品价格构成显著风险。
• 工资增速仍高于与通胀目标相符的水平，尤其在生产率疲弱的情况下。
• ING预计11月加息25个基点；后续进一步收紧不能排除，部分取决于美联储和欧洲央行的路径。

对应原文证据

1. Wage growth remains relatively upbeat and above the level consistent with meeting the inflation target, despite the recent downward revision, as Jakub Seidler stressed, particularly in combination with weak productivity growth.
2. The situation has shifted, especially in terms of stronger oil prices, higher electricity and natural gas prices in Europe, and a weaker koruna.
3. And this consideration could gain prominence in a period of extended global turmoil, as a weaker exchange rate risks adding to imported inflation.