The Czech Republic's consumer price inflation moderated as estimated initially in May from a 6-month high in the previous month, the latest data from the Czech Statistical Office showed on Wednesday.
Consumer prices climbed 2.1 percent year-over-year in May, slower than the 2.5 percent increase in April. That was in line with the flash data published on June 4.
Prices for food and non-alcoholic beverages declined at a faster pace of 1.9 percent annually in May versus 1.3 percent in April, and clothing and footwear prices continued to fall by 2.5 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.