The growth rate of food products moderated in the Czech Republic
In November, annual inflation decreased to 7.3 percent from 8.5 percent in October in the Czech Republic, the Czech Statistical Office announced on Monday in Prague.
In particular, the rate of growth of food and electricity prices moderated, while the price of fuel decreased. Inflation in November is still very far from the inflation rate of around 2 percent preferred by the Czech central bank.
“In most segments of the consumer basket, the price increase is moderated, this was most evident in the area of food, fuel and housing costs”
Pavla Sedivá, director of the statistical office, told journalists at a press conference.
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 >Food prices rose by 1.1 percent in Romania
Annual inflation in Romania fell to 4.9 percent in June,…
Read more >Related news
Private brands make record gains in first half of year
Private label products reached new heights in the first half…
Read more >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 >