Czech Inflation Holds at 1.9% in August, Staying Just Below CNB Target

The Czech Republic’s consumer price index (CPI) rose 1.9% year-over-year in August 2026, unchanged from the 1.9% annual increase recorded a month earlier. The data, updated on 10 September 2026, show that inflation is stable and remains just below the Czech National Bank’s 2% target.

On a year-over-year basis, August’s reading indicates that price growth has neither accelerated nor slowed compared with the previous month’s annual rate. This stability suggests that underlying inflationary pressures are broadly contained, which may give policymakers more room to maintain or fine-tune current monetary settings rather than react to renewed price shocks.