Potatoes and vegetables became more expensive in the Czech Republic
In July, annual inflation in the Czech Republic accelerated to 2.9 percent from the 2.7 percent in June – the Czech Statistical Office announced in Prague on Monday. Analysts expected inflation of 2.8 percent.
The increase in inflation was mainly due to rising housing costs, higher electricity prices, higher prices for vegetables and meat. At the same time, fuel prices fell in July.
According to market analysts, the faster rise in prices in July is the result of a faster rise in wages. In the long term, inflation in the Czech Republic is expected to decline. (Kokes János, MTI)
Related news
K&H: the inflation anomaly is clearly visible, but customers perceive it differently
Although inflation has slowed down a lot, according to the…
Read more >Shrink inflation is getting worse
Dishwashing detergent, sweets, sour cream, cottage cheese, kefir and camembert…
Read more >Related news
BMI: Slower expansion in April
The seasonally adjusted April value of the Purchasing Manager Index…
Read more >7-Eleven teams up with Meituan to trial drone delivery
Global convenience store chain 7-Eleven announced that it has partnered…
Read more >PepsiCo sells interest in Serbian soft-drinks group Knjaz Miloš
Czech soft-drinks supplier Mattoni 1873 has acquired full control of…
Read more >