Inflation, unemployment down in March

Inflation in the Czech Republic dropped in March to an estimated 7.1 – 7.3 percent compared to 7.5 percent in February. Analysts believe the drop was caused by slower increase in the price of food as well as seasonal sales of holiday packages, and expect the inflation to come down to 5 percent by the end of the year. The unemployment rate in March also dropped by 0.3 percent to 5.6 percent; this was caused by the beginning of seasonal work such as agriculture and building industry.