Producer prices in the Czech Republic rose 1.4 percent year-on-year in February of 2021, following a flat reading in the previous month and above market expectations of a 1.1 percent. It is the highest producer inflation in a year as cost rebounded for manufacturing (1.6 percent vs -0.3 percent in January) and continued to rise for electricity, gas, steam and air conditioning (0.4 percent vs 0.4 percent) and water supply, sewerage, waste management and remediation services (6.9 percent vs 6.9 percent). Meanwhile prices fell for mining & quarrying (-0.8 percent vs -0.3 percent in January). On a monthly basis, producer prices were up 0.7 percent, following a 1.3 percent increase in the prior month. source: Czech Statistical Office
Producer Prices Change in Czech Republic averaged 4.89 percent from 1991 until 2021, 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 April 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.