The inflation rate in the Czech Republic stood at 2 percent in December 2018, unchanged from the previous month's seven month low and slightly below market expectations of 2.1 percent. Upward pressure came from: housing & utilities (4 percent vs 3.9 percent); transport (1.6 percent vs 2.9 percent in November); alcoholic beverages, tobacco (2.8 percent vs 3.2 percent); recreation & culture (0.8 percent vs 0.4 percent); and miscellaneous goods & services (4.1 percent vs 4 percent). By contrast, food and non-alcoholic beverages continued to fall (-0.6 percent vs -1.2 percent). On a monthly basis, consumer prices edged up 0.1 percent in December as widely expected. In 2018, the average inflation rate was 2.1 percent, compared to 2.5 percent in 2017. Inflation Rate in Czech Republic averaged 4.31 percent from 1993 until 2018, reaching an all time high of 21.90 percent in February of 1993 and a record low of -0.40 percent in January of 2003.

Inflation Rate in Czech Republic is expected to be 2.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Czech Republic to stand at 2.00 in 12 months time. In the long-term, the Czech Republic Inflation Rate is projected to trend around 2.00 percent in 2020, according to our econometric models.

Czech Republic Inflation Rate
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Calendar GMT Actual Previous Consensus TEForecast
2018-10-09 07:00 AM Inflation Rate YoY 2.3% 2.5% 2.5% 2.4%
2018-11-09 08:00 AM Inflation Rate YoY 2.2% 2.3% 2.3% 2.2%
2018-12-10 08:00 AM Inflation Rate YoY 2.0% 2.2% 2% 2.3%
2019-01-10 08:00 AM Inflation Rate YoY 2% 2% 2.1% 2.3%
2019-02-13 08:00 AM Inflation Rate YoY 2%
2019-03-11 08:00 AM Inflation Rate YoY
2019-04-10 07:00 AM Inflation Rate YoY 2.2%


Czech Republic Prices Last Previous Highest Lowest Unit
Inflation Rate 2.00 2.00 21.90 -0.40 percent [+]
Inflation Rate Mom 0.10 -0.10 3.89 -0.84 percent [+]
Consumer Price Index CPI 106.00 105.90 200.20 54.43 Index Points [+]
Harmonised Consumer Prices 101.60 101.60 112.40 99.30 Index Points [+]
Core Consumer Prices 108.11 108.02 108.11 88.59 Index Points [+]
Core Inflation Rate 1.69 1.69 3.71 -1.04 percent [+]
GDP Deflator 112.10 111.60 112.10 63.30 Index Points [+]
Producer Prices 101.00 102.10 118.80 31.90 Index Points [+]
Producer Prices Change 2.40 3.90 77.40 -5.40 percent [+]
Export Prices 98.30 97.90 103.70 89.80 Index Points [+]
Import Prices 98.20 98.10 111.50 86.50 Index Points [+]
CPI Housing Utilities 155.00 154.60 155.00 35.80 Index Points [+]
CPI Transportation 106.10 107.20 108.40 93.00 Index Points [+]
Food Inflation -0.60 -1.20 12.00 -6.50 percent [+]


Czech Republic Inflation Rate

In Czech Republic, the most important category in the consumer price index is Housing and Utilities (26.6 percent of total weight). Food and Non-Alcoholic Beverages accounts for 17.1 percent; Transport for 10.1 percent; Alcoholic beverages and Tobacco for 9.5 percent; Recreation and Culture for 8.8 percent and Miscellaneous Goods and Services for 6.8 percent. Furniture, Household Goods and Maintenance; Restaurants and Hotels; Clothing and Footwear; Communication; Health and Education account for the remaining 21.1 percent of total weight. This page provides - Czech Republic Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Czech Republic Inflation Rate - actual data, historical chart and calendar of releases - was last updated on January of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
2.00 2.00 21.90 -0.40 1993 - 2018 percent Monthly
2005=100




Country Last Previous
Argentina 47.10 Dec/18
Australia 1.90 Sep/18
Brazil 3.75 Dec/18
Canada 2.00 Dec/18
China 1.90 Dec/18
Euro Area 1.60 Dec/18
France 1.60 Dec/18
Germany 1.70 Dec/18
India 2.19 Dec/18
Indonesia 3.13 Dec/18
Italy 1.10 Dec/18
Japan 0.30 Dec/18
Mexico 4.83 Dec/18
Netherlands 2.00 Dec/18
Russia 4.30 Dec/18
Saudi Arabia 2.80 Nov/18
Singapore 0.30 Nov/18
South Africa 5.20 Nov/18
South Korea 1.30 Dec/18
Spain 1.20 Dec/18
Switzerland 0.70 Dec/18
Turkey 20.30 Dec/18
United Kingdom 2.10 Dec/18
United States 1.90 Dec/18


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