Consumer price inflation in the Czech Republic accelerated at a slower than expected rate in March, data released by the statistical office showed Tuesday.
Inflation quickened to 3.8 percent in March from 3.7 percent in February. Economists were looking for an inflation rate of 3.9 percent.
Food and non-alcoholic beverages prices rose 1.3 percent annually, while clothing and footwear prices edged down 0.1 percent. There was a 1.6 percent year-on-year increase in housing costs and utility prices during the month, and a 0.4 percent gain in prices in the transportation sector.
Month-on-month, consumer prices moved up 0.2 percent during the month, slower than the 0.3 percent rise economists forecast.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.