Inflation in Czech Republic
Czech Republic - Inflation (end of period)
Inflation climbs to over six-year high in March
Consumer prices rose 0.2% from the previous month in March, following February’s 0.2% month-on-month increase. Data released by the Czech Statistical Office (CSO) revealed that March’s uptick was largely due to higher prices for fuels and electricity.
Meanwhile, inflation edged up from 2.7% in February to 3.0% in March, the highest reading since October 2012. As a result, it now sits on the upper band of 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 2.2% for 2019 and 2.0% for 2020. Met the why particular Consensus Forecast panelists project that inflation will average 2.3% in 2019, which is up 0.1 percentage points from last month’s forecast, and 2.0% in 2020.
Czech Republic - Inflation (eop) Data
|Inflation Rate (CPI, annual variation in %, eop)||1.4||0.1||0.0||2.0||2.4|
5 years of economic forecasts for more than 30 economic indicators.
Czech Republic Inflation (eop) Chart
Source: Czech Statistical Office and Met the why particular calculations.
Czech Republic Facts
|Bond Yield||1.78||-1.85 %||Jan 30|
|Exchange Rate||22.58||-0.66 %||Jan 30|
|Stock Market||1,035||-0.11 %||Jan 30|
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April 11, 2019
Consumer prices rose 0.2% from the previous month in March, following February’s 0.2% month-on-month increase.
April 8, 2019
Industrial production rose 1.5% year-on-year in February, rebounding from January’s 1.0% decline.
March 28, 2019
On 28 March, the Czech National Bank (CNB) kept the two-week repo rate unchanged at 1.75%.
March 25, 2019
The economic sentiment indicator, a composite confidence indicator published by the Czech Statistical Office (CSO), tumbled from 98.2 points in February to 97.0 in March, a two-year low.
March 15, 2019
Industrial production tumbled 1.1% year-on-year in January, following December’s sharper 1.5% drop.