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Czech Statisticians Refine May Inflation to 2.4% Y/y

Summary by intellinews.com
This is slower than the 2.8% y/y flash estimate released last week, but still a 0.6 percentage point acceleration on the 1.8% y/y April easing.

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The annual inflation rate climbed to 2.4 percent in May, which is an acceleration of 0.6 percentage points compared to April. In a month-on-month comparison, consumer prices rose by 0.5 percent. The Czech Statistical Office (CZSO) confirmed this in its revised estimate on Tuesday. Food prices rose the most, while developments in fuel prices are curbing overall inflation.

Consumer prices rose year-on-year in May

Consumer prices in the Czech Republic rose by 2.4 percent year-on-year in May and by half a percent compared to April, the Czech Statistical Office (CZSO) confirmed its preliminary estimate from last week. Year-on-year inflation thus accelerated from April's 1.8 percent. People paid more in May than a year ago, mainly for food and...

Consumer prices in the Czech Republic rose by 2.4 percent year-on-year in May and by half a percent compared to April, the Czech Statistical Office (CZSO) confirmed its preliminary estimate from last week. Year-on-year inflation thus accelerated from April's 1.8 percent. In May, people paid more for food and housing than a year ago, with fuel prices in particular falling. The CZSO published the figures on its website today. June will very likely…

Prague - Consumer prices in the Czech Republic increased by 2.4 percent year-on-year in May and by half a percent compared to April, the Czech Statistical Office (CZSO) confirmed its preliminary estimate from last week. Year-on-year inflation thus accelerated from April's 1.8 percent. In May, people paid more than a year ago mainly for food and housing, and fuel prices in particular fell. The CZSO published the figures on its website today. Infl…

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Novinky.cz broke the news in on Tuesday, June 10, 2025.
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