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.

Producer Prices Change in Czech Republic averaged 4.96 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 October of 2020.

Producer Prices Change in Czech Republic is expected to be -1.00 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 2.50 in 12 months time. In the long-term, the Czech Republic Producer Prices Change is projected to trend around 2.80 percent in 2021 and 2.20 percent in 2022, according to our econometric models.

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Czech Republic Producer Prices Change

Actual Previous Highest Lowest Dates Unit Frequency
-0.40 -0.50 77.40 -5.40 1991 - 2020 percent Monthly
NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-07-17 07:00 AM Jun -0.3% -0.9% -0.1% 0%
2020-08-17 07:00 AM Jul -0.1% -0.3% -0.2% -0.1%
2020-09-16 07:00 AM Aug -0.5% -0.1% -0.1% 0.1%
2020-10-16 07:00 AM Sep -0.4% -0.5% -0.7% -0.7%
2020-11-16 08:00 AM Oct -0.4%
2020-12-16 08:00 AM Nov


News Stream
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 Producer Deflation Deepens in August
Producer prices in the Czech Republic fell 0.5 percent year-on-year in August of 2020, following a 0.1 percent drop in the previous month and compared to market expectations of a 0.1 percent decline. It was the fifth consecutive decrease in producer prices. Cost fell for chemicals & chemical products (-11.5 percent), mining and quarrying (-3.5 percent) and basic metals, fabricated metal products (-2.6 percent). On the other hand, prices went up in electricity, gas, steam and air conditioning (7.9 percent), thereof electricity, transmission and distribution services (9.3 percent). Also, prices increased in transport equipment (1.4 percent) and also in furniture, other manufactured products (4.7 percent). On a monthly basis, producer prices went down 0.3 percent, after a 0.1 percent gain in July.
2020-09-16
Czech Producer Prices Fall Less than Expected
Czech producer prices edged down 0.1 percent from a year earlier in July of 2020, after falling 0.3 percent in the prior month and compared with market expectations of a 0.2 percent drop. Prices fell at a softer pace for mining & quarrying (-3.5 percent vs -3.6 percent in June) and manufacturing (-1.6 percent vs -1.9 percent). Meanwhile, costs increased for electricity, gas, steam and air conditioning (7.7 percent vs 8 percent) and water supply, sewerage, waste management and remediation services (6.4 percent, the same pace as in June). On a monthly basis, producer prices were up 0.1 percent, following a 0.1 percent decrease in the previous month and compared with market consensus of a flat reading.
2020-08-17
Czech Producer Prices Fall for 3rd Month
Czech producer prices fell 0.3 percent from a year earlier in June of 2020, after decreasing 0.9 percent in the previous month and compared with market expectations of a 0.1 percent drop. Prices declined for mining & quarrying (-3.6 percent vs -3.1 percent in May) and manufacturing (-1.9 percent vs -2.6 percent). Meantime, inflation remained steady for electricity, gas, steam and air conditioning (at 8 percent) and water supply, sewerage, waste management and remediation services (at 6.4 percent). On a monthly basis, producer prices edged down 0.1 percent, following a 0.4 percent rise in the previous month and against market expectations of a 0.1 percent increase.
2020-07-17

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.