Czechia Inflation Confirmed at 5-Month High

The annual inflation rate in the Czech Republic increased to 2.5% in September 2026, up from 1.9% in August, reaching its highest level since April. The rise was mainly driven by faster growth in transport prices (13.2% vs. 9.6% in August), with fuel and lubricant costs jumping 37.5% year-on-year. In addition, the decline in prices for food and non-alcoholic beverages moderated (-3.5% vs. -4.3%).

Price growth also accelerated in several other categories: housing and utilities (1.7% vs. 1.5%), recreation and culture (2.5% vs. 0.4%), personal care, social protection, and miscellaneous goods and services (4.0% vs. 3.8%), information and communication (2.9% vs. 2.0%), and education (4.7% vs. 4.0%).

By contrast, inflation slowed for alcoholic beverages and tobacco (4.6% vs. 4.7%), health (3.8% vs. 4.2%), and restaurants and accommodation services (4.2% vs. 4.3%). On a monthly basis, consumer prices were flat in September, following a 0.3% increase in August.