Czechia Producer Prices Rise More Than Expected

Producer prices in the Czech Republic rose 2.0% year-on-year in August 2026, accelerating from a 1.6% increase in the previous month and slightly exceeding market expectations of 1.8%. This marked the fifth consecutive month of annual growth following fourteen months of decline. Prices increased for manufactured products (4.0% vs 3.2% in July), particularly basic metals (5.6% vs 4.7%) and machinery and equipment (1.7% vs 1.2%). Prices also rose for mining and quarrying (2.3% vs 1.9%). Meanwhile, prices remained unchanged for water supply, sewerage, waste management, and remediation services at 3.9%, while producer price deflation deepened for electricity, gas, steam, and air conditioning (-4.8% vs -3.9%). On a monthly basis, producer prices edged up 0.4% in August, following a 0.3% increase in the previous month.

Producer prices in the Czech Republic rose 1.6% year-on-year in July 2026 from 1.3% in the previous month, marking a fourth consecutive month of annual growth after fourteen months of decline. Costs increased for manufactured products (3.2% vs 2.8% in June), particularly basic metals (4.7% vs 3.1%) and machinery and equipment (1.2% vs 0.7%). At the same time, deflation eased slightly for electricity, gas, steam, and air conditioning (-3.9% vs -4.4%). Meanwhile, prices slowed for mining and quarrying (1.9% vs 2.1%), while remaining steady for water supply, sewerage, waste management, and remediation services at 3.9%. On a monthly basis, producer prices rose 0.3% in July, rebounding from a 0.4% decline in June.

Producer prices in the Czech Republic rose 1.3% year-on-year in June 2026, below market expectations of 1.5% and easing from 1.5% in the previous month. This marked the third consecutive month of annual growth after fourteen months of contraction. Price growth slowed for manufactured products (2.8% vs. 3.6% in May), weighed down by steeper declines in food products (-5.0% vs. -4.0%), softer declines in motor vehicles, trailers, and semi-trailers (-1.4% vs. -1.5%), and slower growth in machinery and equipment (0.7% vs. 0.9%). Cost increases also eased for mining and quarrying (2.1% vs. 2.3%). Meanwhile, deflation softened for electricity, gas, steam and air conditioning (-4.4% vs. -6.0%), while inflation for water supply, sewerage, waste management, and remediation activities was unchanged at 3.9%. On a monthly basis, producer prices fell 0.4% in June, deepening from a 0.1% decline in May and marking the second consecutive month of contraction after three months of inflation.