logo
Plus   Neg
Share
Email

Czech Inflation Stable At 2.9%

Czech consumer prices increased at a steady pace in August, the Czech Statistical Office reported Tuesday.

Inflation came in at 2.9 percent in August, the same rate as seen in July. Inflation was forecast to ease to 2.8 percent.

Cost of housing, water and electricity provided the highest positive contribution, while clothing and footwear dropped 3 percent, contributing negatively.

Prices of goods and services advanced 2.5 percent and 3.8 percent, respectively.
Month-on-month, consumer prices gained 0.1 percent in August.

Another report showed that import price declined at a faster pace of 1.7 percent annually in July after easing 0.7 percent in June. On month, import prices slid 0.4 percent in July.

At the same time, export prices decreased 0.5 percent year-on-year, in contrast to a 0.1 percent rise in June. Export prices fell 0.2 percent from 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