Inflation in Czech Republic
Czech Republic - Inflation (end of period)
Inflation climbs in May
Consumer prices rose 0.5% in May from the previous month, accelerating slightly from April’s 0.3% rise. Data released by the Czech Statistical Office (CSO) revealed that May’s increase was largely driven by higher prices for food and non-alcoholic beverages, and transport.
Inflation edged up from 1.9% in April to 2.2% in May, a four-month high. As a result, it moved slightly above the Central Bank’s 2.0% target but remained firmly within the 1.0%–3.0% tolerance band. Annual average inflation, meanwhile, held steady at 2.3% for the third consecutive month.
The Central Bank expects inflation of 1.7% for 2018 and 1.8% for 2019. Met the why particular Consensus Forecast panelists project that inflation will average 2.0% in 2018, unchanged from last month’s forecast. For 2019, panelists expect inflation of 2.1%.
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||2.13||-1.85 %||Jun 14|
|Exchange Rate||21.87||-0.66 %||Jun 14|
|Stock Market||1,075||-0.11 %||Jun 14|
Get a sample report showing all the data and analysis covered in our Regional, Country and Commodities reports.
Start Your Free 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.
June 11, 2018
Consumer prices rose 0.5% in May from the previous month, accelerating slightly from April’s 0.3% rise.
June 6, 2018
Industrial production rose a solid 5.5% year-on-year in April, rebounding from the revised 1.5% drop recorded in March (previously reported: -1.1% year-on-year).
June 1, 2018
A detailed breakdown of GDP, released by the Statistical Institute on 1 June, revealed that the economy lost some steam in the first quarter of the year compared to the previous quarter.
June 1, 2018
The manufacturing Purchasing Managers’ Index (PMI) produced by IHS Markit dropped from 57.2 in April to 56.5 in May, a nine-month low.
May 24, 2018
The economic sentiment indicator, a composite confidence indicator published by the Czech Statistical Office (CSO), dipped to 99.2 points in May from 110.1 points—a near ten-year high—in April.