US EditionThe treacherous inflation of services: we are moving to the West and there is a shortage of people in the hospitality industry. What is preventing the CNB from cutting rates faster?
Summary by Hospodářské Nnoviny (HN.cz)
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It's a paradox facing most European economies: overall inflation has been hovering around the ideal two percent for more than a year, but the average European still shakes their head in disbelief when paying for lunch, vacation, or a haircut. The prices of services are much higher than we're used to. For example, in the Czech Republic, it's still...
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