Prices for food and non-alcoholic beverages grew 6.3% annually in May. Prices of alcoholic beverages and tobacco, and housing, water, energy, fuel increased by 5.8% and 3.2%, respectively. Meanwhile, prices in the post and telecommunication group declined by 4.1% and transport cost fell 3.9%. On a monthly basis, consumer prices rose 0.4% in May.

Separate data from the Prague-based agency showed that the import prices rose 0.7% annually in April, after a 0.3% decline in March. Export prices grew 3.1% on a yearly basis in April, following a 1.1% increase in the previous month.

On a monthly basis, import prices rose 1.7% in April and export prices increased 2.2%, CZSO said on June 10.