The Czech Republic's consumer price inflation accelerated less-than-expected in March, preliminary data from the Czech Statistical Office showed on Tuesday.
Consumer prices climbed 1.9 percent year-over-year in March, faster than the 1.4 percent increase in February. Economists were looking for an increase of 2.0 percent.
Services inflation rose to 4.7 percent from 4.5 percent, and prices for goods rebounded slightly by 0.1 percent. The deflation in energy eased sharply to 1.7 percent from 7.8 percent, which largely influenced the overall rise in inflation. Meanwhile, prices for food and non-alcoholic beverages were 1.1 percent less expensive.
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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.