The Czech Republic's industrial producer price inflation accelerated less-than-expected in May to the highest level in nearly one-and-a-half years, figures from the Czech Statistical Office showed on Tuesday.
The industrial producer price index climbed 1.5 percent yearly in May, faster than the 1.0 percent renewed increase in April. Moreover, this was the quickest rise since December 2024. Economists had expected a price growth of 2.3 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.