Inflation in Czech Republic

Czech Republic Inflation | Economic News & Forecasts

Czech Republic - Inflation

Inflation edges up in July

Consumer prices increased 0.4% from the previous month in July, up from June’s 0.2% increase. Data released by the Czech Statistical Office (CSO) revealed that July’s rise was mainly driven by higher prices for recreation and culture, particularly of package holidays.

Meanwhile, inflation edged up from 2.7% in June to 2.9% in July. As a result, it landed marginally below the upper bound of the Central Bank’s 1.0%–3.0% tolerance range. Annual average inflation inched up to 2.6% in July from 2.5% the month prior.

FocusEconomics Consensus Forecast panelists project that inflation will average 2.6% in 2019, which is up 0.1 percentage points from last month’s forecast, and 2.1% in 2020.

Czech Republic - Inflation Data

2013  2014  2015  2016  2017  
Inflation Rate (CPI, annual variation in %)1.4  0.3  0.3  0.7  2.5  

Sample Report

5 years of economic forecasts for more than 30 economic indicators.


Czech Republic Inflation Chart

CzechRepublic Inflation
Note: Annual variation of consumer price index (CPI) in %.
Source: Czech Statistical Office and FocusEconomics calculations.

Czech Republic Facts

Bond Yield1.22-1.85 %Jul 31
Exchange Rate23.01-0.66 %Jul 31
Stock Market1,057-0.10 %Jul 31

Sample Report

Get a sample report showing our regional, country and commodities data and analysis.


Request a Trial

Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.

Sign Up

Economic News

Search form