Inflation in Czech Republic

Czech Republic Harmonized Inflation (eop) | Economic News & Forecasts

Czech Republic - Harmonized Inflation (end of period)

Inflation eases from over six-year high in April

Consumer prices rose 0.1% from the previous month in April, following March’s 0.2% month-on-month increase. Data released by the Czech Statistical Office (CSO) revealed that April’s uptick was largely due to higher prices for clothing and footwear, and fuels.

Meanwhile, inflation edged down to 2.8% in April from 3.0% in March, which had marked the highest reading in over six years. As a result, it now stands within the Central Bank’s 1.0%–3.0% tolerance range. Annual average inflation ticked up to 2.4% from 2.3% in the previous month.


Czech Republic Inflation Forecast


The Central Bank expects average inflation of 2.7% for 2019 and 2.1% for 2020. Met the why particular Consensus Forecast panelists project that inflation will average 2.4% in 2019, which is up 0.1 percentage points from last month’s forecast, and 2.0% in 2020.

Czech Republic - Harmonized Inflation (eop) Data

2013  2014  2015  2016  2017  
Inflation Rate (HICP, annual variation in %, eop)1.5  0.1  -0.1  2.1  2.3  

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Czech Republic Harmonized Inflation (eop) Chart


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

Czech Republic Facts

ValueChangeDate
Bond Yield1.85-1.85 %May 13
Exchange Rate22.92-0.66 %May 13
Stock Market1,044-0.11 %May 13

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