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.