The Czech annual inflation rate dropped to 2.0 percent in November 2018 from 2.2 percent in the prior month and matching market expectations. It is the lowest inflation rate since April, as prices decreased for food & non-alcoholic beverages (-1.2 percent vs 0.2 percent in October) and slowed for transport (2.9 percent vs 3.3 percent) and miscellaneous goods & services (4.0 percent vs 4.1 percent). In contrast, inflation picked up for housing & utilities (3.9 percent vs 3.5 percent) and restaurants & hotels (3.8 percent vs 3.5 percent). On a monthly basis, consumer prices decreased 0.1 percent compared to a 0.4 percent rise in October and market expectations of a 0.2 percent drop. Inflation Rate in Czech Republic averaged 4.32 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 2.40 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 2.10 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
2018-09-10 07:00 AM Inflation Rate YoY 2.5% 2.3% 2.4% 2.4%
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 2.40%
2019-01-10 08:00 AM Inflation Rate YoY 2.0% 2.40%
2019-02-14 08:00 AM Inflation Rate YoY


Czech Republic Prices Last Previous Highest Lowest Unit
Inflation Rate 2.00 2.20 21.90 -0.40 percent [+]
Inflation Rate Mom -0.10 0.40 3.89 -0.84 percent [+]
Harmonised Consumer Prices 102.00 102.10 112.40 99.30 Index Points [+]
Consumer Price Index CPI 105.90 106.00 200.20 54.43 Index Points [+]
Core Consumer Prices 108.00 107.75 108.00 88.59 Index Points [+]
Core Inflation Rate 1.86 1.91 3.71 -1.04 percent [+]
GDP Deflator 112.10 111.60 112.10 63.30 Index Points [+]
Producer Prices 102.20 101.50 118.80 31.90 Index Points [+]
Producer Prices Change 3.90 3.20 77.40 -5.40 percent [+]
Export Prices 96.90 97.00 103.70 89.80 Index Points [+]
Import Prices 97.30 97.40 111.50 86.50 Index Points [+]
CPI Housing Utilities 154.60 154.10 154.60 35.80 Index Points [+]
CPI Transportation 107.20 107.10 108.40 93.00 Index Points [+]
Food Inflation -1.20 0.20 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 December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
2.00 2.20 21.90 -0.40 1993 - 2018 percent Monthly
2005=100




Country Last Previous
Argentina 45.50 Oct/18
Australia 1.90 Sep/18
Brazil 4.05 Nov/18
Canada 2.40 Oct/18
China 2.20 Nov/18
Euro Area 2.00 Nov/18
France 1.90 Nov/18
Germany 2.30 Nov/18
India 3.31 Oct/18
Indonesia 3.23 Nov/18
Italy 1.70 Nov/18
Japan 1.40 Oct/18
Mexico 4.72 Nov/18
Netherlands 2.00 Nov/18
Russia 3.80 Nov/18
Saudi Arabia 2.40 Oct/18
Singapore 0.70 Oct/18
South Africa 5.10 Oct/18
South Korea 2.00 Nov/18
Spain 1.70 Nov/18
Switzerland 0.90 Nov/18
Turkey 21.62 Nov/18
United Kingdom 2.40 Oct/18
United States 2.50 Oct/18


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