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Financial News: Czech Inflation Remains Stable At 2.0%

Czech Inflation Remains Stable At 2.0%

04/10/2024 - 08:31:00 (RTTNews)

(RTTNews) - The Czech Republic's consumer price inflation held steady at the end of the first quarter, data from the Czech Statistical Office showed on Wednesday.

Consumer prices climbed 2.0 percent year-over-year in March, the same as in February. Meanwhile, economists had expected inflation to moderate slightly to 1.9 percent.

Prices for food and non-alcoholic beverages dropped 5.9 percent annually in March, while clothing and footwear charges were 5.3 percent more expensive in March.

Data showed that transport charges rose at a faster pace of 3.5 percent versus a 1.1 percent increase a month ago.

On a monthly basis, consumer prices edged up 0.1 percent in March, as expected.

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