Consumer
prices increased by 1.8% m/m in the Czech Republic in May 2022. Year-on-year,
they rose by 16.0%, up 1.8ppt from April. This is evidenced by data from the
Czech Statistical Office. In the housing division, prices of natural gas rose
mainly by 49.2% (44.2% in April) and solid fuels by 30.1% (24.1%). In the
catering and accommodation division, prices of food services and accommodation
services increased by 22.8% (19.5%) and 18.1% (14.4%), respectively. According
to Eurostat flash estimates, the annual change in the HICP in May 2022 was 8.1%
for the euro area (7.4% in April), 11.8% in Slovakia and 8.7% in Germany.
Source: Daily news | ČIA news
Czech Trade and
Czech Invest Sydney