In April, annual inflation accelerated to 2.9 percent in the Czech Republic
Annual inflation in the Czech Republic accelerated to 2.9 percent in April from 2 percent in March, the Czech Statistical Office announced on Monday in Prague.
The increase in inflation expected by analysts was mainly influenced by the increase in the prices of food, alcoholic beverages and fuel. In a monthly comparison, the price increase was 0.7 percent. The prices of products rose by 1.4 percent in April, and those of services by 5.3 percent, Pavla Sedivá, director of the statistical office, pointed out at a press conference. Of the key foodstuffs, flour was 19 percent cheaper, meat 4 percent cheaper, milk 11.4 percent cheaper, and eggs 15.5 percent cheaper than a year ago. The rate of price reductions in April was lower than in the previous months, noted Pavla Sedivá. In contrast, the price of vegetables increased by 2.4 percent, that of chocolate by more than 9 percent, and that of soft drinks by 5.4 percent.
Related news
The unexpectedly low inflation in June surprised analysts
The Hungarian inflation data published this week caused a pleasant…
Read more >Food prices rose at an accelerating rate in Germany
Inflation in Germany slowed down in June, according to the…
Read more >The decline in the prices of food and non-alcoholic beverages slowed down in Ukraine
In Ukraine, the increase in consumer prices accelerated to 4.8…
Read more >Related news
Müller updates packaging to increase accessibility for blind shoppers
Müller is updating the packaging of all branded products with…
Read more >Auchan has appointed a new product director
From July 1, László Varga will perform the duties of…
Read more >A Hungarian specialist became Danone’s Eastern and Central European sales manager
From this July, Enikő Bolyós organizes and manages the company’s…
Read more >