Czech producer prices decreased 0.8 percent year-on-year in April of 2020, following a 0.4 percent increase in the previous month and compared with market expectations of a 1.1 percent fall. It was the first drop in producer prices since February of 2018, amid lower prices of mining & quarrying (-3.7 percent vs -2.6 percent in March) and manufactured products (-2.5 percent vs -1.2 percent). In contrast, cost advanced faster for electricity, gas, steam & air conditioning (8.6 percent vs 8.3 percent) while inflation was steady for water supply (at 5.4 percent). On a monthly basis, producer prices went down 0.5 percent, the same pace as in the previous month and compared with market consensus of a 0.8 percent fall.
Producer Prices Change in Czech Republic averaged 5.03 percent from 1991 until 2020, reaching an all time high of 77.40 percent in May of 1991 and a record low of -5.40 percent in September of 2009. This page provides - Czech Republic Producer Prices Change - actual values, historical data, forecast, chart, statistics, economic calendar and news. Czech Republic Producer Prices Change - data, historical chart, forecasts and calendar of releases - was last updated on June of 2020.
Producer Prices Change in Czech Republic is expected to be 0.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Producer Prices Change in Czech Republic to stand at 1.50 in 12 months time. In the long-term, the Czech Republic Producer Prices Change is projected to trend around 2.00 percent in 2021 and 2.20 percent in 2022, according to our econometric models.