Skyline of Prague, Czech Republic

Czech Republic Inflation February 2018

Czech Republic: Inflation dips below the Central Bank target

In February, consumer prices were unchanged from the prior month’s reading and was lower than January’s revised 0.7% month-on-month increase (previously reported: +0.6% month-on-month). According to the data released by the Statistical Institute, the result came on the back of higher prices for recreation and culture that offset lower prices for food and non-alcoholic beverages and alcoholic beverages and tobacco.

Inflation moderated from 2.2% in January to 1.8% in February. Inflation was therefore below the Central Bank’s target of 2.0% for the first time since November 2016. Annual average inflation, meanwhile, eased from the prior month’s 2.5% to 2.4% in February.

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest