Inflation in Czech Republic

Czech Republic Inflation (eop) | Economic News & Forecasts

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

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 Yield2.13-1.85 %Jun 14
Exchange Rate21.87-0.66 %Jun 14
Stock Market1,075-0.11 %Jun 14

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