Inflation in Czech Republic

Czech Republic Inflation (eop) | Economic News & Forecasts

Czech Republic - Inflation (end of period)

Inflation edges down in July

Consumer prices increased 0.2% in July from the previous month, moderating from June’s 0.4% rise. Data released by the Czech Statistical Office (CSO) revealed that July’s climb was mainly driven by higher prices for recreation and culture, which in large part reflected higher seasonal prices for package holidays.

Inflation edged down to 2.3% in July from 2.6% in June. As a result, inflation moved closer to the midpoint of the Central Bank’s 1.0%–3.0% tolerance band. Annual average inflation, meanwhile, held steady at 2.3% for the fifth consecutive month.

Czech Republic Inflation Forecast

The Central Bank expects inflation of 2.3% for both 2018 and 2019. Met the why particular Consensus Forecast panelists project that inflation will average 2.1% in 2018, unchanged from last month’s forecast. For 2019, panelists expect inflation of 2.2%.

Czech Republic - Inflation (eop) Data

2013  2014  2015  2016  2017  
Inflation Rate (CPI, annual variation in %, eop)1.4  0.1  0.0  2.0  2.4  

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Czech Republic 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

Bond Yield2.21-1.85 %Aug 07
Exchange Rate22.07-0.66 %Aug 07
Stock Market1,088-0.11 %Aug 07

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