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.