The annual inflation rate in Czech Republic decreased to 2.7% in September of 2019 from 2.9% in the previous month, below market expectations of 2.9%. Cost slowed for housing & utilities (5.0% vs 5.2% in August); food & non-alcoholic beverages (2.5% vs 3.9%); alcoholic beverages & tobacco (2.0% vs 2.4%) and recreation & culture (1.5% vs 1.9%) while prices continued to fall for clothing & footwear (-1.6% vs -1.3%) and communication (-1.6% vs -1.4%). On the other hand, transport cost rebounded (0.5% vs -0.3%) while inflation was steady for miscellaneous goods & services (at 3.6%). Additionally, prices advanced faster for furniture & household equipment (1.4% vs 1.2%); hotels & restaurants (4.8% vs 4.4%) and health (3.1% vs 2.9%). On a monthly basis, consumer prices dropped 0.6 percent, after increasing 0.1 percent in the previous month. Inflation Rate in Czech Republic averaged 4.27 percent from 1993 until 2019, reaching an all time high of 21.90 percent in February of 1993 and a record low of -0.40 percent in January of 2003.

Inflation Rate in Czech Republic is expected to be 3.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Czech Republic to stand at 2.30 in 12 months time. In the long-term, the Czech Republic Inflation Rate is projected to trend around 2.00 percent in 2020, according to our econometric models.

Czech Republic Inflation Rate
width
height
Forecast Data Chart
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.


Calendar GMT Actual Previous Consensus TEForecast
2019-07-11 07:00 AM Inflation Rate YoY Jun 2.7% 2.9% 2.7% 2.8%
2019-08-12 07:00 AM Inflation Rate YoY Jul 2.9% 2.7% 2.8% 2.9%
2019-09-10 07:00 AM Inflation Rate YoY Aug 2.9% 2.9% 2.8% 2.9%
2019-10-10 07:00 AM Inflation Rate YoY Sep 2.7% 2.9% 2.9% 3%
2019-11-11 08:00 AM Inflation Rate YoY Oct 2.7% 2.9%
2019-12-10 08:00 AM Inflation Rate YoY Nov 2.9%


Czech Republic Prices Last Previous Highest Lowest Unit
Inflation Rate 2.70 2.90 21.90 -0.40 percent [+]
Inflation Rate Mom -0.60 0.10 3.89 -0.84 percent [+]
Consumer Price Index CPI 108.40 109.00 109.00 50.60 Index Points [+]
Harmonised Consumer Prices 102.60 102.60 112.40 99.30 Index Points [+]
Core Consumer Prices 109.92 110.08 110.08 88.59 Index Points [+]
Core Inflation Rate 2.01 2.31 3.71 -1.04 percent [+]
GDP Deflator 115.70 114.70 115.70 63.30 Index Points [+]
Producer Prices 103.40 103.30 105.00 28.20 Index Points [+]
Producer Prices Change 1.90 2.10 77.40 -5.40 percent [+]
Export Prices 97.40 96.80 103.70 89.80 Index Points [+]
Import Prices 96.30 95.80 111.50 86.50 Index Points [+]
CPI Housing Utilities 111.50 111.40 111.50 24.80 Index Points [+]
CPI Transportation 105.50 105.70 106.50 64.20 Index Points [+]
Food Inflation 2.50 3.90 12.00 -6.50 percent [+]


Czech Republic Inflation Rate

In Czech Republic, the most important category in the consumer price index is Housing and Utilities (26.6 percent of total weight). Food and Non-Alcoholic Beverages accounts for 17.1 percent; Transport for 10.1 percent; Alcoholic beverages and Tobacco for 9.5 percent; Recreation and Culture for 8.8 percent and Miscellaneous Goods and Services for 6.8 percent. Furniture, Household Goods and Maintenance; Restaurants and Hotels; Clothing and Footwear; Communication; Health and Education account for the remaining 21.1 percent of total weight. This page provides - Czech Republic Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Czech Republic Inflation Rate - actual data, historical chart and calendar of releases - was last updated on October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
2.70 2.90 21.90 -0.40 1993 - 2019 percent Monthly
2005=100




Country Last Previous
Argentina 53.50 Sep/19
Australia 1.60 Jun/19
Brazil 2.89 Sep/19
Canada 1.90 Sep/19
China 3.00 Sep/19
Euro Area 0.80 Sep/19
France 0.90 Sep/19
Germany 1.20 Sep/19
India 3.99 Sep/19
Indonesia 3.39 Sep/19
Italy 0.30 Sep/19
Japan 0.20 Sep/19
Mexico 3.00 Sep/19
Netherlands 2.60 Sep/19
Russia 4.00 Sep/19
Saudi Arabia -0.70 Sep/19
Singapore 0.50 Aug/19
South Africa 4.30 Aug/19
South Korea -0.40 Sep/19
Spain 0.10 Sep/19
Switzerland 0.10 Sep/19
Turkey 9.26 Sep/19
United Kingdom 1.70 Sep/19
United States 1.70 Sep/19


Related

Latest