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Wskaźnik inflacji w Czechach wzrósł do 2,90 procenta w czerwcu z 2,40 procenta w maju 2025 roku. Ta strona zawiera - Czech Republic Inflation Rate - rzeczywiste wartosci, dane historyczne, prognozy, wykres, statystyki, kalendarz ekonomiczny i wiadomosci.
The average inflation rate of Czechia was forecast to reach 10.66 percent in 2023. This would mean a decrease of 4.44 percent compared to the previous year. However, inflation was forecast to decrease continuously between 2024 and 2030 by 14.3 percentage points. The average inflation rate is estimated to amount to two percent in 2030.This indicator measures inflation based on the year-on-year change in the average consumer price index. The latter expresses a country's average level of prices based on a typical basket of consumer goods and services. The values shown here refer to the year-on-year change in this index measure, expressed in percent. Food inflation The high inflation rate increase in 2022 was partly due to the economic and energy crisis accompanied by the war in Ukraine. Food was one of the sectors hit the most by the sudden price increase in Czechia, with inflation rising to as high as 26 percent. That is over eight percentage points more than the food inflation peak in the European Union at that time. The food prices were higher than in Poland, which became a shopping destination for many Czechs, and, in some cases, they even topped the grocery prices in Germany. Inflation in other areas In 2022, the inflation rate of housing, water, energy, and fuel has risen even faster than that of food. So did transportation prices which, however, started decreasing significantly in the second half of 2022 already. With the combination of high housing, water, energy, and fuel prices and increased food inflation, restaurants' prices peaked that year. Due to this economic development, most people had a savings account or private pension insurance set up as anti-inflationary instruments by the end of 2022.
The consumer price index in Czechia fluctuated in the observed period. The prices increased during the economic crisis of 2008 but reached their peak in 2022, with inflation rising to ** percent in September 2022 compared to the previous year. In April 2025, the inflation amounted to *** percent, a decrease compared to the previous month.
In 2024, the average annual inflation rate in Czechia stood at three percent, a decrease of nearly eight percent compared to the previous year. The highest inflation in the observed period was recorded in 1993 at 20.8 percent.
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Czech Republic CZ: NAIRU: Equilibrium Unemployment Rate data was reported at 3.891 % in 2022. This records an increase from the previous number of 3.831 % for 2021. Czech Republic CZ: NAIRU: Equilibrium Unemployment Rate data is updated yearly, averaging 6.107 % from Dec 1995 (Median) to 2022, with 28 observations. The data reached an all-time high of 7.608 % in 1999 and a record low of 3.831 % in 2020. Czech Republic CZ: NAIRU: Equilibrium Unemployment Rate data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Czech Republic – Table CZ.OECD.EO: Non-Accelerating Inflation Rate of Unemployment (NAIRU): Forecast: OECD Member: Annual. NAIRU - Equilibrium unemployment rate The equilibrium unemployment rate (code NAIRU) is estimated using a Kalman filter in a Phillips curve framework which assumes inflation expectations are anchored at the central bank’s inflation target . The NAIRU is then projected forward from the last estimated period using a simple autoregressive rule, exceptionally modified to account for recent labour market reforms, until the end of the forecasting horizon More details on methodology in Rusticelli E., Turner D. and M. C. Cavalleri (2015), Incorporating anchored inflation expectations in the Phillips Curve and in the derivation of OECD measures of equilibrium unemployment, OECD Economics Department Working Papers No.1231 OECD, Economics Department Working Papers: Incorporating anchored inflation expectations in the Phillips Curve and in the derivation of OECD measures of equilibrium unemployment:https://www.oecd-ilibrary.org/economics/incorporating-anchored-inflation-expectations-in-the-phillips-curve-and-in-the-derivation-of-oecd-measures-of-equilibrium-unemployment_5js1gmq551wd-en
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Inflation, consumer prices for the Czech Republic was 2.44% in January of 2024, according to the United States Federal Reserve. Historically, Inflation, consumer prices for the Czech Republic reached a record high of 15.10 in January of 2022 and a record low of 2.44 in January of 2024. Trading Economics provides the current actual value, an historical data chart and related indicators for Inflation, consumer prices for the Czech Republic - last updated from the United States Federal Reserve on June of 2025.
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Czech Republic CZ: Inflation:(GDP) Gross Domestic ProductDeflator data was reported at 8.159 % in 2023. This records a decrease from the previous number of 8.671 % for 2022. Czech Republic CZ: Inflation:(GDP) Gross Domestic ProductDeflator data is updated yearly, averaging 3.115 % from Dec 1991 (Median) to 2023, with 33 observations. The data reached an all-time high of 36.192 % in 1991 and a record low of -0.485 % in 2010. Czech Republic CZ: Inflation:(GDP) Gross Domestic ProductDeflator data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Czech Republic – Table CZ.World Bank.WDI: Inflation. Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.;World Bank national accounts data, and OECD National Accounts data files.;Median;
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The Czechia: Inflation: percent change in the Consumer Price Index: The latest value from 2023 is 10.7 percent, a decline from 15.1 percent in 2022. In comparison, the world average is 9.9 percent, based on data from 160 countries. Historically, the average for the Czechia from 1992 to 2023 is 5 percent. The minimum value, 0.1 percent, was reached in 2003 while the maximum of 20.8 percent was recorded in 1993.
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Graph and download economic data for Consumer Price Index: OECD Groups: All Items Non-Food Non-Energy: Total for Czech Republic (CPGRLE01CZA657N) from 1996 to 2022 about Czech Republic, core, all items, CPI, inflation, price index, indexes, and price.
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The Czechia: Inflation forecast: The latest value from 2030 is 2 percent, unchanged from 2 percent in 2029. In comparison, the world average is 3.65 percent, based on data from 182 countries. Historically, the average for the Czechia from 1996 to 2030 is 3.51 percent. The minimum value, 0.1 percent, was reached in 2014 while the maximum of 15.76 percent was recorded in 2022.
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Czech Republic CZ: NAIRU: Unemployment Gap data was reported at 0.439 % in 2022. This records an increase from the previous number of 0.364 % for 2021. Czech Republic CZ: NAIRU: Unemployment Gap data is updated yearly, averaging 0.006 % from Dec 1995 (Median) to 2022, with 28 observations. The data reached an all-time high of 2.532 % in 1996 and a record low of -1.243 % in 2000. Czech Republic CZ: NAIRU: Unemployment Gap data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Czech Republic – Table CZ.OECD.EO: Non-Accelerating Inflation Rate of Unemployment (NAIRU): Forecast: OECD Member: Annual. GAPUNR - Unemployment gap Difference of nairu and unemployment rate OECD calculation, see OECD Economic Outlook, Database Inventory OECD Economic Outlook, Database Inventory:https://www.oecd.org/eco/outlook/Database_Inventory.pdf
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Consumer Price Index CPI in Czech Republic increased to 155.40 points in June from 155 points in May of 2025. This dataset provides - Czech Republic Consumer Price Index (CPI) - actual values, historical data, forecast, chart, statistics, economic calendar and news.
In April 2025, the inflation rate for food in Czechia amounted to a positive value of 4.1 percent. Compared to the same month of the previous year, the inflation increased by nearly seven percentage points. The highest value of 26 percent was observed in November 2022. The lowest value, on the other hand, was observed in March 2024 at negative 5.9 percent.
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Czech Republic CZ: Inflation:(GDP) Gross Domestic ProductDeflator: Linked Series data was reported at 8.555 % in 2023. This records an increase from the previous number of 8.547 % for 2022. Czech Republic CZ: Inflation:(GDP) Gross Domestic ProductDeflator: Linked Series data is updated yearly, averaging 3.042 % from Dec 1991 (Median) to 2023, with 33 observations. The data reached an all-time high of 36.192 % in 1991 and a record low of -1.425 % in 2010. Czech Republic CZ: Inflation:(GDP) Gross Domestic ProductDeflator: Linked Series data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Czech Republic – Table CZ.World Bank.WDI: Inflation. Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years.;World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.;;
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Inflation, monthly percent change in the CPI in the Czechia, May, 2025 The most recent value is 0.52 percent as of May 2025, an increase compared to the previous value of -0.13 percent. Historically, the average for the Czechia from February 1996 to May 2025 is 0.29 percent. The minimum of -1.1 percent was recorded in October 2022, while the maximum of 6.64 percent was reached in January 2023. | TheGlobalEconomy.com
The inflation rate of gas prices in Czechia rose significantly throughout 2022. By comparison, electricity inflation rate saw the steepest increase in 2023, with the inflation rate standing at 148.6 percent in October of that year. As of December 2024, the rate of energy commodity prices have shown a slight increase, while gas, liquid fuels, and electricity prices recorded a decrease.
As of April 2025, the inflation rate in the European Union was 2.4 percent, with prices rising fastest in Romania, which had an inflation rate of 4.9 percent. By contrast, both France and Cyprus saw low inflation rates during the same period, with France having the lowest inflation rate in the EU during this month. The rate of inflation in the EU in the October 2022 was higher than at any other time, with the peak prior to 2021 recorded in July 2008 when prices were growing by 4.4 percent year-on-year. Before the recent rises in inflation, price rises in the EU had been kept at relatively low levels, with the inflation rate remaining below three percent between January 2012 and August 2021. Rapid recovery and energy costs driving inflation The reopening of the European economy in 2021 following the sudden shock of COVID-19 in 2020 is behind many of the factors that have caused prices to rise so quickly in 2022. Global supply chains have not yet recovered from production issues, travel restrictions, and workforce problems brought about by the pandemic. Rising energy costs have only served to exacerbate supply problems, particularly with regard to the transport sector, which had the highest inflation rate of any sector in the EU in December 2021. High inflation rates mirrored in the U.S. The high inflation rates seen in Europe have been reflected in other parts of the world. In the United States, for example, the consumer price index reached a 40-year-high of seven percent in December 2021, influenced by many of the same factors driving European inflation. Nevertheless, it is hoped that once these supply chain issues ease, inflation levels will start to fall throughout the course of 2022.
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<ul style='margin-top:20px;'>
<li>Czech Republic GNI for 2022 was <strong>278.13 billion US dollars</strong>, a <strong>8.5% increase</strong> from 2021.</li>
<li>Czech Republic GNI for 2021 was <strong>256.35 billion US dollars</strong>, a <strong>10.06% increase</strong> from 2020.</li>
<li>Czech Republic GNI for 2020 was <strong>232.92 billion US dollars</strong>, a <strong>1.26% decline</strong> from 2019.</li>
</ul>GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current U.S. dollars. GNI, calculated in national currency, is usually converted to U.S. dollars at official exchange rates for comparisons across economies, although an alternative rate is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate actually applied in international transactions. To smooth fluctuations in prices and exchange rates, a special Atlas method of conversion is used by the World Bank. This applies a conversion factor that averages the exchange rate for a given year and the two preceding years, adjusted for differences in rates of inflation between the country, and through 2000, the G-5 countries (France, Germany, Japan, the United Kingdom, and the United States). From 2001, these countries include the Euro area, Japan, the United Kingdom, and the United States.
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<ul style='margin-top:20px;'>
<li>Czech Republic gni per capita for 2022 was <strong>$26,060</strong>, a <strong>6.8% increase</strong> from 2021.</li>
<li>Czech Republic gni per capita for 2021 was <strong>$24,400</strong>, a <strong>12.08% increase</strong> from 2020.</li>
<li>Czech Republic gni per capita for 2020 was <strong>$21,770</strong>, a <strong>1.49% decline</strong> from 2019.</li>
</ul>GNI per capita (formerly GNP per capita) is the gross national income, converted to U.S. dollars using the World Bank Atlas method, divided by the midyear population. GNI is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. GNI, calculated in national currency, is usually converted to U.S. dollars at official exchange rates for comparisons across economies, although an alternative rate is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate actually applied in international transactions. To smooth fluctuations in prices and exchange rates, a special Atlas method of conversion is used by the World Bank. This applies a conversion factor that averages the exchange rate for a given year and the two preceding years, adjusted for differences in rates of inflation between the country, and through 2000, the G-5 countries (France, Germany, Japan, the United Kingdom, and the United States). From 2001, these countries include the Euro area, Japan, the United Kingdom, and the United States.
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<ul style='margin-top:20px;'>
<li>Czech Republic GNP for 2022 was <strong>278.99 billion US dollars</strong>, a <strong>8.26% increase</strong> from 2021.</li>
<li>Czech Republic GNP for 2021 was <strong>257.71 billion US dollars</strong>, a <strong>10.52% increase</strong> from 2020.</li>
<li>Czech Republic GNP for 2020 was <strong>233.18 billion US dollars</strong>, a <strong>1.2% decline</strong> from 2019.</li>
</ul>GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current U.S. dollars. GNI, calculated in national currency, is usually converted to U.S. dollars at official exchange rates for comparisons across economies, although an alternative rate is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate actually applied in international transactions. To smooth fluctuations in prices and exchange rates, a special Atlas method of conversion is used by the World Bank. This applies a conversion factor that averages the exchange rate for a given year and the two preceding years, adjusted for differences in rates of inflation between the country, and through 2000, the G-5 countries (France, Germany, Japan, the United Kingdom, and the United States). From 2001, these countries include the Euro area, Japan, the United Kingdom, and the United States.
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Wskaźnik inflacji w Czechach wzrósł do 2,90 procenta w czerwcu z 2,40 procenta w maju 2025 roku. Ta strona zawiera - Czech Republic Inflation Rate - rzeczywiste wartosci, dane historyczne, prognozy, wykres, statystyki, kalendarz ekonomiczny i wiadomosci.