Czech Republic Inflation Lowest Since 2018

2025-05-06 07:46 By Natasha Rubio 1 min. read

The annual inflation rate in the Czech Republic fell sharply to 1.8% in April 2025 from 2.7% in the previous month, coming in below market expectations of 2.1%, preliminary estimates showed.

This marked the first time in seven years that inflation dropped below the Czech National Bank’s 2% target, and it was the lowest reading since March 2018.

Price growth slowed notably for food, alcohol, and tobacco (3.3% vs 5.9% in March), as well as for goods (0.2% vs 1.6%), while energy costs declined further (-4.9% vs -3.6%).

Meanwhile, services inflation edged up slightly to 4.7% from 4.5% in March.

On a monthly basis, consumer prices fell by 0.1% in April—the first decline in four months—following a 0.1% increase in March.



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