Czech Republic: Inflation inches up in September
October 9, 2015
In September, consumer prices fell 0.2% over the previous month, which matched August’s decrease. According to the Czech Statistical Office, September’s drop largely reflected lower prices for recreation, culture and transport.
In September, inflation inched up from August’s 0.3% to 0.4%. In addition, the print exceeded the 0.2% that the market had expected. Nevertheless, inflation remained below the Czech National Bank’s (CNB) target range of 1.0% to 3.0%.