The Czech Republic's consumer price inflation moderated as initially estimated in February to the lowest level in more than nine years, the latest data from the Czech Statistical Office showed on Tuesday.
Consumer prices climbed 1.4 percent year-over-year in February, slower than the 1.6 percent increase in January. That was in line with the flash data published on March 4. Moreover, this was the weakest inflation rate since October 2016.
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Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.