Consumer price inflation (inflation)

Average CPI in 2024

Consumer price inflation (inflation)

(annual values, % yoy)
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Comment
Consumer price growth of 2.4% yoy in 2024 has returned closer to the CNB's inflation target, but its current average growth of 2.8% ytd yoy in 2025 is rather at the upper end of its tolerance band.
Source of primary data
CZSO
Note
Yearly average and ytd average for the current year.
Data unadjusted for the effect of different number of working days and seasonal effects.
Category
Economics
Data frequency
annual
Comments
Inflation slowed to 2.8 percent in January ilustrační foto
Inflation slowed to 2.8 percent in January
13. 2. 2025
7 min. reading
Economic commentary by Jaromir Šindel, Chief Economist of the CBA
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How to measure inflation? ilustrační foto
How to measure inflation?
19. 1. 2024
7 min. reading
Economic commentary by Jakub Seidler, Chief Economist of the CBA
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Producer prices fell in December, foreshadowing further food price cuts ilustrační foto
Producer prices fell in December, foreshadowing further food price cuts
17. 1. 2024
5 min. reading
Economic commentary by Jakub Seidler, Chief Economist of the CBA
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Inflation rose slightly in July ilustrační foto
Inflation rose slightly in July
12. 8. 2024
7 min. reading
Economic commentary by Jakub Seidler, Chief Economist of the CBA
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Inflation slowed to 2.6 percent in May ilustrační foto
Inflation slowed to 2.6 percent in May
11. 6. 2024
7 min. reading
Economic commentary by Jakub Seidler, Chief Economist of the CBA
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Inflation remained at 2.2 percent in August ilustrační foto
Inflation remained at 2.2 percent in August
10. 9. 2024
7 min. reading
Economic commentary by Jakub Seidler, Chief Economist of the CBA
show