Czech inflation increases in March

Figures

The Czech consumer price inflation rose in March, data from the Czech Statistical Office (CZSO) showed on Tuesday. The consumer price index (CPI) rose 2.3% year-on-year in March, following a 2.1% increase in February.

Transport cost gained 5.2% annually in March and prices for alcoholic beverages, tobacco rose by 9.9%. Health cost gained 3.7%. Prices of restaurants and hotels, miscellaneous goods and services, and education increased by 2.7%, each.

On a monthly basis, consumer prices gained 0.2% in February. Separate data from the Prague-based statistical agency showed that the import prices rose 2.1% annually in February, following a 0.4% increase in January.

Export prices rose 4.5% yearly in February, following a 3.8% increase in the previous month. On a monthly basis, import prices increased 0.4% and export prices fell 0.1% in February.

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