Czech inflation accelerates in June

Figures

Czech consumer price inflation rose more than expected in June, data from the Czech Statistical Office (CZSO) showed on Wednesday.

Consumer prices advanced 17.2% year-on-year in June, following a 16% rise in May. 

The inflation was accelerated mostly by the price rise of food (18%), according to the Prague-based agency.

Transport costs grew by 24% yearly in June and prices for restaurants and hotels surged 23.1%.

Prices for housing, water, energy and fuels increased 22.8% and those of clothing and footwear gained 19.9%. Prices for food and non-alcoholic beverages, and recreation and culture rose by 18% and 12.6%, respectively.

On a monthly comparison basis, consumer prices increased 1.6% in June.

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