Pressure for price rises still curbed

Inflationary pressure is still modest in the Czech Republic according to figures for March from the national statistical office released on Thursday. Prices at factory gates rose by 0.1 percent in March compared with February. And they were actually 0.8 percent lower compared with March 2009. Prices at farm gates rose by 1.3 percent in March compared with April but were down 4.9 percent compared with a year earlier. The Czech overall inflation rate currently stands at 0.7 percent.