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07.04.202607:18:10UTC+00Czech Republic Inflation Rises to 3-Month High

The annual inflation rate in the Czech Republic accelerated to 1.9% year-on-year in March 2026, up from 1.4% in February and just below market forecasts of 2%, according to preliminary estimates. This was the highest rate since December 2025 and was largely driven by stronger price growth in services (4.7% vs. 4.5% in February) and a rebound in goods prices (0.1% vs. -0.7%). At the same time, the decline in energy prices moderated (-1.7% vs. -7.8%). In contrast, prices for food and non-alcoholic beverages fell (-1.1% vs. +0.4%), and inflation in alcoholic beverages and tobacco eased (3.3% vs. 4%). On a monthly basis, consumer prices rose by 0.6% in March, after a 0.1% decrease in February.

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