The Czech Republic's consumer price inflation increased as initially estimated in May, the latest data from the Czech Statistical Office showed on Tuesday.
Consumer prices climbed 2.4 percent year-over-year in May, faster than the 1.8 percent rise in April. That was in line with the flash data published on June 4. In March, the inflation rate was 2.7 percent.
The annual price growth in food, alcohol, and tobacco quickened to 5.4 percent from 4.1 percent. Inflation based on housing and utilities rose to 1.9 percent from 1.7 percent. On the other hand, transport charges continued to decline by 3.3 percent.
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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.