Consumer price inflation (inflation)

Average CPI in 2024

Consumer price inflation (inflation)

(annual values, % yoy)
CBA Comment
Consumer price growth of 2.4% yoy in 2024 has returned closer to the CNB's inflation target, but its current average growth of 2.5% ytd yoy in 2025 is rather at the upper end of its tolerance band. Year-on-year growth in core inflation, which accounts for more than half of the consumer basket (excluding food, alcohol, tobacco, energy prices, including fuel, and administered prices), has so far reached 2.6% in 2025 after 2.5% in the previous year.
Source of primary data
CZSO
Note
Yearly average and ytd average for the current year.
Data unadjusted for the effect of different number of working days and seasonal effects.
Category
Economics
Data frequency
annual
Comments
Inflation slowed to 2.8 percent in January
Economic commentary by Jaromir Šindel, Chief Economist of the CBA
Inflation slowed to 2.7 percent in February
Economic commentary by Jaromir Šindel, Chief Economist of the CBA
Consumer prices growth slowed only slightly to 2.7% due to strong core inflation
Economic commentary by Jaromir Šindel, Chief Economist of the CBA
Producer prices fell in December, foreshadowing further food price cuts
Economic commentary by Jakub Seidler, Chief Economist of the CBA
How to measure inflation?
Economic commentary by Jakub Seidler, Chief Economist of the CBA
Inflation accelerated markedly to 2.9 percent in April
Economic commentary by Jakub Seidler, Chief Economist of the CBA