Czech Republic: Inflation picks up in October from September
Latest reading: Consumer prices rose 2.5% in annual terms in October, following a 2.3% rise in the prior month.
Relative to the prior month’s figures, there were higher price pressures for food and non-alcoholic beverages (+4.3% in annual terms vs +3.3% in September) and recreation and culture (+4.2% vs +4.1% in September). In contrast, price pressures reduced for housing and utilities in October (+1.9% vs +2.0% in September). Finally, the change in transportation prices was the same as in the prior month (+0.2% in October and September).
Finally, consumer prices rose 0.52% in October on a month-on-month basis, following a 0.58% decline in the prior month.