FX.co ★ Czech Republic Inflation Rate Confirmed at 2.4%

In May 2025, the Czech Republic experienced an increase in its annual inflation rate, reaching 2.4% compared to April's seven-year low of 1.8%, aligning with initial projections. This uptick was primarily fueled by rising prices in food and non-alcoholic beverages, which climbed to 5.4% from 4.1% in April. Other significant contributors included alcoholic beverages and tobacco, with rates increasing to 3.7% from 2%, and recreation and culture, which saw a rise to 3.9% from 3%. Although the decline in prices for clothing and footwear continued, it did so at a reduced rate, moving from -2% to -1.9%. Meanwhile, inflation in the communication sector decelerated from 0.4% to 0.2%, and transport costs further declined, from -3.2% to -3.3%. On a month-to-month basis, consumer prices rebounded, rising by 0.5% in May following a 0.1% decrease during the previous period.