Czechia Producer Prices Rise for Second Month

Producer prices in the Czech Republic rose 1.5% year-on-year in May 2026, following a 1% rise in the previous month, though remaining below market expectations of 2.3% rise. This marked the second consecutive month of annual growth after fourteen months of contraction, as prices continued to increase for manufactured products (3.6% vs 3.1% in April), particularly basic metals (3% vs 2.6%). Costs also rose at a faster pace for mining and quarrying (2.3% vs 1.7%), while prices for water supply, sewerage, waste management and remediation services remained steady at 3.9%. Meanwhile, deflation softened for electricity, gas, steam and air conditioning supply (-6% vs -6.4%). On a monthly basis, producer prices fell 0.1%, reversing a 1.4% increase in April and missing market expectations of a 0.6% growth.

Producer prices in the Czech Republic rose 1% year-on-year in April 2026, rebounding from a 1.1% decline in March and exceeding market expectations of a 0.6% rise. It marked the first annual increase after fourteen straight months of contraction and the strongest growth since December 2024, driven by faster price gains in manufactured products (3.1% vs 1.2% in March), notably in basic metals (2.6% vs 1.2%) and machinery and equipment (0.9% vs 0.7%). Prices for mining and quarrying also accelerated (1.7% vs 0.4%). Meanwhile, prices for water supply, sewerage, waste management and remediation services remained steady at 3.9%, while deflation in electricity, gas, steam and air conditioning eased (-6.4% vs -9.2%). On a monthly basis, producer prices eased 1.4% in April, above expectations of 0.9% gain and following a 1.5% increase in the previous month.

Producer prices in the Czech Republic fell by 1.1% year-on-year in March 2026, easing from a 2.9% decline in the previous month, in line with market expectations. This marked the fourteenth consecutive month of producer price deflation, albeit at a slower pace, as prices in mining and quarrying rebounded (0.4% vs -1.5%), supported by a smaller drop in crude petroleum and natural gas (-10.6% vs -17.4%). Prices for manufactured products also recovered (1.2% vs -1.7%), with declines softening in chemicals and chemical products (-7.7% vs -10.4%) and computer, electronic and optical products (0.9% vs -0.4%). Meanwhile, prices for water supply, sewerage, waste management and remediation services were unchanged at 3.9%, while those for electricity, gas, steam and air conditioning fell by 9.2% after a 7.1% increase in February. On a monthly basis, producer prices rose by 1.5%, accelerating from a 0.1% increase in the previous month.