Czech Inflation Eases to 2% in February
The annual inflation rate in the Czech Republic eased to 2% in February from 2.3% in the previous month, figures from the Czech Statistical Office (CZSO) showed on Monday.
It marked the lowest reading since December 2018. Prices for food and non-alcoholic beverages dropped 4.8% annually in February.
Clothing and footwear charges were 5.8% more expensive in February, slightly below the 5.9% surge in January. Meanwhile, transport charges rose at a faster pace of 1.1% versus a 0.4% increase a month ago.
On a monthly comparison basis, consumer prices moved up 0.3% in February, versus an expected increase of 0.4%.
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