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Czech Inflation Rises to 2.9% in April

Figures

The annual inflation rate in the Czech Republic rose to 2.9% in April from 2% in the previous month, data from Czech Statistical Office (CZSO) showed, marking the highest level since December.

The annual price growth in transport charges accelerated to 4.7% in April from 3.5% a month ago. Utility costs were 3.3% higher compared to last year, while prices for food and non-alcoholic beverages continued to drop by 2.7%.

Inflation also moderated for clothing & footwear (3.8% vs 5.3%).

On a month-on-month basis, consumer prices grew 0.7% in April, accelerating from a 0.1% gain in the prior month, the Prague-based statistics agency said.

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