Czech Producer Deflation Steepest Since 2016

Producer prices in the Czech Republic fell by 2.1% year-on-year in December 2025, worse than market expectations of a 0.9% decline and compared with a 1.3% fall recorded in the previous month. This marked the steepest producer deflation since September 2016, driven mainly by continued price decreases in the manufacturing sector (-1.1% vs -0.8% in November), particularly in chemicals and chemical products (-8.1%) and motor vehicles, trailers and semi-trailers (-2%). Moreover, deflation intensified in mining and quarrying (-4.2% vs -4.1%) and electricity, gas, steam and air-conditioning supply (-5.6% vs -3.2%). Meanwhile, prices for water supply, sewerage, waste management and remediation services were unchanged at 4.1%. On a monthly basis, producer prices fell by 0.2% in December, reversing a 0.3% increase in the previous month.

Producer prices in the Czech Republic dropped by 1.3% year-on-year in November 2025, below market forecasts of a 1.6% decline but slipping further from a 1.2% fall in the previous month. The latest figure marked the tenth consecutive month of decline and the sharpest since April, driven by lower prices for electricity, gas, steam, and air conditioning supply (-3.2% vs -2.6% in October). Additionally, costs continued to decrease in the manufacturing sector (-0.8% vs -0.7%), with prices falling mainly for chemicals and chemical products (-8.4%) and motor vehicles, trailers and semi-trailers (-2.5%), while deflation remained unchanged for mining and quarrying (at 4.1%). On the other hand, producer inflation remained steady for water supply, sewerage, waste management, and remediation services (at 4.1%). On a monthly basis, producer prices rose by 0.3% in November, rebounding from a 0.1% loss in the preceding period.

Producer prices in the Czech Republic dropped by 1.2% year-on-year in October 2025, matching market expectations and extending the 1.0% fall recorded in the previous month. This marked the ninth consecutive month of decline and the steepest since July, as prices decreased further for manufactured products (-0.7% vs -0.1% in September), particularly for basic metals (-3.4% vs -3.3%) and motor vehicles, trailers, and semi-trailers (-1.5% vs -1.2%). Additionally, deflation remained steady for mining and quarrying (at -4.1%). Conversely, cost declined less for electricity, gas, steam, and air conditioning supply (-2.6% vs -3.8%), while producer inflation remained unchanged for water supply, sewerage, waste management, and remediation services (at 4.1%). On a monthly basis, producer prices fell by 0.1%, easing from a 0.4% loss in September.