and non-traded goods sectors is larger in the accession countries than in euro area...can thus be expected to be higher in the accession countries than
in the euro...
3
Sources: Eurostat, CNB calculations
Core inflation indicators in the euro area...Sources: Eurostat, CNB calculations
Annual inflation rate in the euro...
Source: Eurostat
4
... with strong economic and financial ties with the euro area...reduction in borrowing costs
Interest rates have converged to those in the euro...
