In March, consumer prices rose 0.09% over the previous month, following a price rise of the same magnitude in February. The monthly rise reflected higher prices for clothing and footwear, as well as for transport, which were partially offset by lower prices for recreation and culture. Owing to the subdued March increase, annual headline inflation inched down from 1.8% in February to 1.7%, which was broadly in line with market expectations, but below the Central Bank's estimate that inflation would rise to 1.9%. At the current level, inflation remains below the Central Bank's target of 2% 1%. The Central Bank expects inflation to rise to 2.3% in the final quarter of this year before inching down to 2.2% in the fourth quarter of 2012.
Czech Republic Inflation
Inflation moderates in March
April 7, 2011
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Czech Republic Economic News
October 24, 2016
The economic sentiment indicator published by the Czech Statistics Office (CSO) rose from September’s 97.1 points to 97.5 points in October, marking a nine-month high.
October 10, 2016
In September, consumer prices fell 0.2% from the previous month, matching August’s reading.
October 7, 2016
Industrial production grew 13.1% year-on-year in August, which sharply contrasted the 14.1% fall registered in July and was the best result since May 2011.
October 3, 2016
The manufacturing Purchasing Managers’ Index (PMI) produced by IHS Markit rose from August’s 50.1 to a four-month high of 52.0 in September.
September 29, 2016
At its meeting on 29 September, the Czech National Bank (CNB) decided to leave the two-week repo rate unchanged at its so-called “technical zero” of 0.05%.