Inflation rose to 17.5% in January from 15.8% in December—mainly due to faster increases in prices for alcoholic beverages and tobacco and housing and utilities—moving further above the Central Bank’s 1.0–3.0% target range. Inflation should gradually ease this year, although it will remain elevated due to fast nominal wage growth and protracted pass-through effects.
Czech Republic Exchange Rate (CZK per USD, aop) Data
| 2017 | 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|---|
| Exchange Rate (CZK per USD, aop) | 23.37 | 21.74 | 22.93 | 23.21 | 21.69 |