Czech Republic Inflation Confirmed at 3-Month High

2026-09-10 07:18 By Joshua Ferrer 1 min. read

The annual inflation rate in the Czech Republic rose to 1.9% in August 2026, confirming preliminary estimates and up from 1.7% in July.

The latest reading also marked the highest inflation rate since May, mainly driven by faster price growth in transport, which accelerated to 9.6% from 6.6% in July.

Within the category, fuels and lubricants surged 26.2% year-on-year (vs 16.8%), with average diesel prices reaching their highest level since October 2022.

Housing inflation also remained elevated at 5.4%, with rents rising 6.1% and prices for materials and services for minor repairs and maintenance increasing 5.4%.

Meanwhile, food and non-alcoholic beverages recorded deeper deflation, with prices falling 4.3% after a 3.1% decline in the previous month.

Additionally, electricity prices fell 11.2% and natural gas 4.8%.

On a monthly basis, consumer prices grew by 0.3% in August, easing from a 0.6% gain in the preceding period.



News Stream
Czechia Inflation Rate at 5-Month High
The annual inflation rate in the Czech Republic rose to 2.5% in September 2026 from 1.9% in August, slightly above expectations of 2.4%, according to preliminary estimates. This marked the highest reading since April, as price growth accelerated for energy (5.9% vs 2.3% in August) and goods (1.2% vs 0.2%), while it also edged up for services (4.6% vs 4.5%). At the same time, deflation eased for food and soft drinks (-3.5% vs -4.3%). Meanwhile, inflation eased slightly for alcoholic beverages and tobacco (4.6% vs 4.7%). On a monthly basis, consumer prices were unchanged in September after rising 0.3% in August, marking the lowest reading since June.
2026-10-06
Czech Republic Inflation Confirmed at 3-Month High
The annual inflation rate in the Czech Republic rose to 1.9% in August 2026, confirming preliminary estimates and up from 1.7% in July. The latest reading also marked the highest inflation rate since May, mainly driven by faster price growth in transport, which accelerated to 9.6% from 6.6% in July. Within the category, fuels and lubricants surged 26.2% year-on-year (vs 16.8%), with average diesel prices reaching their highest level since October 2022. Housing inflation also remained elevated at 5.4%, with rents rising 6.1% and prices for materials and services for minor repairs and maintenance increasing 5.4%. Meanwhile, food and non-alcoholic beverages recorded deeper deflation, with prices falling 4.3% after a 3.1% decline in the previous month. Additionally, electricity prices fell 11.2% and natural gas 4.8%. On a monthly basis, consumer prices grew by 0.3% in August, easing from a 0.6% gain in the preceding period.
2026-09-10
Czechia Inflation Rate at 3-Month High
The annual inflation rate in the Czech Republic rose to 1.9% in August 2026 from 1.7% in the previous month, in line with market expectations, according to preliminary estimates. The reading marked the highest inflation rate since May, driven mainly by a stronger increase in prices for alcoholic beverages and tobacco (4.7% vs 3.7% in July), while inflation also rebounded for energy (2.3% vs -0.3%) and goods (0.2% vs -0.2%). Meanwhile, price growth eased for services (4.5% vs 4.7%), while deflation deepened for food and soft drinks (-4.3% vs -3.1%). On a monthly basis, consumer prices eased 0.3% in August from a 0.6% increase in July.
2026-09-04