Skyline of Prague, Czech Republic

Czech Republic Inflation February 2020

Czech Republic: Inflation inches up to near eight-year high in February

Consumer prices rose 0.3% from the previous month in February, following January’s 1.5% spike. Data released by the Czech Statistical Office (CSO) revealed that February’s increase was mainly driven by higher prices for recreation and culture, and clothing and footwear.

Meanwhile, inflation ticked up from 3.6% in January to 3.7% in February, the highest reading since March 2012. Thus, it rose further above the Central Bank’s 1.0%–3.0% tolerance range, where it has been for the past four months. Lastly, annual average inflation inched up to 3.0% from 2.9% in January.

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