Producer prices in the Czech Republic were flat year-on-year in December of 2020, following a 0.1 percent drop in the previous month and matching market expectations. Prices continued to fall for mining & quarrying (-2.2 percent vs -1.8 percent in November) and manufacturing (-1.2 percent vs -1.4 percent). Meanwhile, costs went up for electricity, gas, steam and air conditioning (5.6 percent vs 5.8 percent) and water supply, sewerage, waste management and remediation services (6.4 percent, the same pace as in November). On a monthly basis, producer prices increased 0.2 percent, after decreasing 0.5 percent in November and slightly below market estimates of a 0.3 percent rise. source: Czech Statistical Office

Producer Prices Change in Czech Republic averaged 4.92 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 January of 2021.

Producer Prices Change in Czech Republic is expected to be 0.50 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 2.80 in 12 months time. In the long-term, the Czech Republic Producer Prices Change is projected to trend around 2.80 percent in 2022 and 2.20 percent in 2023, according to our econometric models.

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Czech Republic Producer Prices Change

Actual Previous Highest Lowest Dates Unit Frequency
0.00 -0.10 77.40 -5.40 1991 - 2020 percent Monthly
NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-10-16 07:00 AM Sep -0.4% -0.5% -0.7% -0.7%
2020-11-16 08:00 AM Oct 0.3% -0.4% 0% -0.2%
2020-12-16 08:00 AM Nov -0.1% 0.3% 0.6% 0.6%
2021-01-19 08:00 AM Dec 0% -0.1% 0% 0.1%
2021-02-23 08:00 AM Jan 0%
2021-03-15 08:00 AM Feb
2021-04-20 07:00 AM Mar
2021-05-17 07:00 AM Apr


News Stream
Czech Producer Prices Flat in December
Producer prices in the Czech Republic were flat year-on-year in December of 2020, following a 0.1 percent drop in the previous month and matching market expectations. Prices continued to fall for mining & quarrying (-2.2 percent vs -1.8 percent in November) and manufacturing (-1.2 percent vs -1.4 percent). Meanwhile, costs went up for electricity, gas, steam and air conditioning (5.6 percent vs 5.8 percent) and water supply, sewerage, waste management and remediation services (6.4 percent, the same pace as in November). On a monthly basis, producer prices increased 0.2 percent, after decreasing 0.5 percent in November and slightly below market estimates of a 0.3 percent rise.
2021-01-19
Czech Producer Prices Unexpectedly Drop
Producer prices in the Czech Republic edged down 0.1 percent year-on-year in November of 2020, following a 0.3 percent increase in the prior month and against market expectations of a 0.6 percent rise. Prices fell for mining & quarrying (-1.8 percent vs -1.9 percent in October) and manufacturing (-1.4 percent vs -1.1 percent), while cost slowed for electricity, gas, steam and air conditioning (5.8 percent vs 7 percent). Meantime, inflation remained steady for water supply, sewerage, waste management and remediation services (at 6.4 percent). On a monthly basis, producer prices decreased 0.5 percent, after increasing 0.4 percent in October and compared with market estimates of a 0.3 percent gain.
2020-12-16
Czech Producer Prices Unexpectedly Rebound in October
Producer prices in the Czech Republic rose 0.3 percent year-on-year in October of 2020, following a 0.4 percent decrease in the prior month and against market expectations of a flat reading. It was the first increase in producer prices after six consecutive months of drops, driven by costs of electricity, gas, steam and air conditioning (7 percent vs 7.7 percent in September) and water supply, sewerage, waste management and remediation services (6.4 percent, the same pace as in September). In addition, prices fell less for mining & quarrying (-1.9 percent vs -3.7 percent) and manufacturing (-1.1 percent vs -1.9 percent). On a monthly basis, producer prices were up 0.4 percent, after rising 0.2 percent and above market estimates of a 0.2 percent increase.
2020-11-16
Czech Producer Prices Drop Less than Expected
Producer prices in the Czech Republic went down 0.4 percent year-on-year in September of 2020, little-changed from a 0.5 percent decrease in the prior month and compared with market expectations of a 0.7 percent fall. Prices continued to decline for mining & quarrying (-3.7 percent vs -3.5 percent in August) and manufacturing (-1.9 percent vs -2 percent). Meantime, inflation slowed for electricity, gas, steam and air conditioning (7.7 percent vs 7.9 percent) while it was steady for water supply, sewerage, waste management and remediation services (at 6.4 percent). On a monthly basis, producer prices decreased 0.2 percent, after rising 0.3 percent in August and compared with market consensus of a flat reading.
2020-10-16

Czech Republic Producer Prices Change
Producer prices change refers to year over year change in price of goods and services sold by manufacturers and producers in the wholesale market during a given period.