Czech producer prices increased 2.1 percent year-on-year in December 2019, accelerating from a 0.9 percent advance in the previous month, mainly boosted by a rebound in manufactured products cost (0.8 percent vs -0.7 percent in November). In addition, prices rose at a faster pace for mining & quarrying (4.3 percent vs 3.2 percent) and electricity, gas, steam and air conditioning (8.8 percent vs 8.7 percent), while water supply inflation was flat at 2.9 percent. On a monthly basis, producer prices edged up 0.1 percent.
Producer Prices Change in Czech Republic averaged 5.08 percent from 1991 until 2019, 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.
Producer Prices Change in Czech Republic is expected to be 1.50 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 1.90 in 12 months time. In the long-term, the Czech Republic Producer Prices Change is projected to trend around 2.20 percent in 2020, according to our econometric models.