Plus   Neg

Czech Inflation Rises In July

The Czech Republic's consumer price inflation rose at a faster-than-expected rate in July, data from the Czech Statistical Office showed Monday.

Consumer prices advanced 2.9 percent year-on-year in July, following a 2.7 percent rise in June. Economists had expected a 2.8 percent rise.

Prices of housing, water, fuel and energy went up 5.5 percent and that of restaurants and hotels, and food and non-alcoholic beverages rose by 4.2 percent and 4.1 percent, respectively, in July.

On a monthly basis, consumer prices grew 0.4 percent in July.

Another report from the statistical office showed that import prices fell 0.7 percent in June, after a 2.0 percent rise in the previous month. On the month, import prices gained 1.4 percent.

Export prices declined 1.0 percent on the month, and edged up 0.1 percent annually in June.

For comments and feedback contact: editorial@rttnews.com

Economic News

What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.

Follow RTT