Czech Inflation Rises in September

Figures

The consumer price inflation in the Czech Republic accelerated to 18% year-on-year in September, from 17.2% in the previous month, amid rising energy and fuel prices, data from the Czech Statistical Office (CZSO) showed on Tuesday.

Main upward pressure came from cost of housing and utilities by 24.9%, namely electricity, natural gas and solid fuels.

Prices for food and non-alcoholic beverages also grew sharply by 21% and clothing and footwear rose 18.7%.

Transport costs were 17.3% more expensive from last year, and charges for restaurants and hotels were 25.3% higher.

On a monthly basis, consumer prices moved up 0.8% in September, after a 0.4% increase in August. 

ADVERTISEMENT

SMEs Augur Higher Sales, Profit Next Year Analysis

SMEs Augur Higher Sales, Profit Next Year

Hungary Open to New Double Taxation Avoidance Treaty With U.... Int’l Relations

Hungary Open to New Double Taxation Avoidance Treaty With U....

Hungarian-born Physicist Ferenc Krausz Shares Nobel Prize Science

Hungarian-born Physicist Ferenc Krausz Shares Nobel Prize

Summer Tourism Season Breaks Pre-COVID Record Tourism

Summer Tourism Season Breaks Pre-COVID Record

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.