Inflation reached 3.3% in Q3 2020 in the Czech Republic

Published: 13.10.2020 Related countries:  Czech Republic Czech Republic

The Czech Statistical Office published data of inflation development.

Consumer prices in Q3 2020 increased by 3.3% y/y. In a quarter-onquarter comparison, inflation reached 0.8%. The information was provided by the Czech Statistical Office. The year-on-year development was mainly influenced by the slowdown in the price decline in the transport section and an acceleration in the growth of prices of alcoholic beverages and tobacco.

Source: ČIA NEWS, October 13th, 2020
Compiled by the team of CzechTrade office in Riga.