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Czech inflation increases in February

The Czech Republic’s inflation increased in February, data from the Czech Statistical Office (CZSO) showed on March 10. The consumer price index (CPI) rose 3.7% year-on-year in February, following a 3.6% increase in January.

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Prices for food and non-alcoholic beverages grew 5.5% annually in February and those of clothing and footwear, and housing, water, energy and fuel grew by 4.3% and 4.2%, respectively.

Meanwhile, prices in the post and telecommunication group declined by 3.8%. On a monthly basis, consumer prices rose 0.3% in February, the Prague-based CZSO said.