Monthly consumer price inflation (inflation)

Last month's value

Monthly consumer price inflation (inflation)

CBA Comment
Consumer price growth in March 2025 remained at 2.7% y/y from February's 2.7%. It is thus near the middle of the upper tolerance band of the CNB's 2% inflation target. \The March data released show core inflation firming to 2.5% y/y from 2.5% in the previous month.
Consumer price inflation was running at a 2% annual rate a year ago, compared with 2.7% for core inflation. They averaged 2.4% y/y for CPI and 2.5% y/y for core inflation in 2024, compared to the CNB's inflation target of 2%.
Source of primary data
CZSO, CNB ARAD
Note
Data unadjusted for seasonal effects.
The CNB's inflation target is given only for headline inflation since 2002.Before this date, the CNB had been targeting net inflation since 1998. See https://www.cnb.cz/cs/menova-politika/inflacni-cil/historie-inflacnich-cilu-cnb/ for more details.
Category
Economics
Data frequency
Monthly
Comments
Inflation fell below 3 percent in January
Economic commentary by Jaromir Šindel, Chief Economist of the CBA
Inflation fell to 2% in February, lowest since 2018
Economic commentary by Jakub Seidler, Chief Economist of the CBA
Inflation slowed to 2.8 percent in January
Economic commentary by Jaromir Šindel, Chief Economist of the CBA
Inflation fell to 2.3% in January
Economic commentary by Jakub Seidler, Chief Economist of the CBA
Inflation slowed to 6.9% in December
Economic commentary by Jakub Seidler, Chief Economist of the CBA
December inflation: food prices down and services prices up more moderately
Economic commentary by Jaromir Šindel, Chief Economist of the CBA