The Czech Republic's consumer price inflation eased somewhat as expected in August, preliminary data from the Czech Statistical Office showed on Thursday.
Consumer prices climbed 2.5 percent year-over-year in August, slower than the 2.7 percent increase in July.
The annual price growth in food, alcohol, and tobacco softened to 4.0 percent from 4.9 percent. Inflation based on services slowed to 4.7 percent from 4.8 percent, and that on energy moderated to 3.5 percent from 3.7 percent.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.