Producer prices in the Czech Republic climbed by 9.3 percent from a year earlier in August 2021, the most since April of 1993 and compared with market expectations of an 8.7 percent jump, partly due to low base year effects. Upward pressure came from prices of manufacturing (11.4 percent vs 9.5 percent in July), mining and quarrying (3.6 percent vs 2 percent), water supply, sewerage, waste management (5.9 percent, the same as in July), and electricity, gas, steam and air conditioning (0.7 percent vs 0.5 percent). On a monthly basis, producer prices went up 1.2 percent, slower than a 1.6 percent rise in July but well above market forecasts of a 0.4 percent increase. source: Czech Statistical Office
Producer Prices Change in Czech Republic averaged 4.91 percent from 1991 until 2021, 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. Czech Republic Producer Prices Change - data, historical chart, forecasts and calendar of releases - was last updated on October of 2021.
Producer Prices Change in Czech Republic is expected to be 10.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Czech Republic Producer Prices Change is projected to trend around 1.70 percent in 2022 and 1.80 percent in 2023, according to our econometric models.