FX.co ★ Czech Inflation Turns Negative in February as MoM CPI Slips to -0.1%

The Czech Republic slid into negative month-on-month inflation in February 2026, with the Consumer Price Index (CPI) falling by 0.1%. This marks a sharp reversal from January 2026, when prices rose 0.9% on a month-over-month basis.

According to data updated on 4 March 2026, the February reading indicates that, on average, consumer prices were slightly lower than in the previous month. By contrast, January’s 0.9% increase reflected a comparatively strong short-term price rise versus December. The reported figures are based on month-over-month comparisons, meaning each value shows how prices changed relative to the immediately preceding month.

The move from a solid positive print in January to a small decline in February suggests a cooling in short-term price pressures within the Czech economy. Investors and policymakers will be watching upcoming releases closely to determine whether this negative reading proves temporary or signals a broader shift in the inflation trend.