Inflation growth in the Czech Republic accelerated

Annual inflation in the Czech Republic accelerated to 3.6 percent in January from the 3.2 percent of December, the Czech Statistical Office (CSU) announced in Prague on Friday. This is the highest inflation rate since March 2012.

Inflation was mainly influenced by higher prices of food products and alcoholic beverages. Market analysts also expected 3.2 percent inflation in January.
January inflation figures were heavily influenced by a general 4.2 percent rise in rentals and a 2.9 percent rise in water and gas prices. (Kokes János, MTI)