FX.co ★ Czech February CPI Turns Negative, Signalling Fresh Deflationary Pressure

The Czech Republic’s consumer price index (CPI) slipped into negative territory in February 2026 on a month-over-month basis, underscoring renewed disinflationary pressure in the economy. According to data updated on 10 March 2026, CPI fell by 0.1% compared with January, a sharp reversal from the 0.9% month-on-month increase recorded in the previous reading.

Both the previous and current data points relate to February 2026 but reflect different month-to-month comparisons: the earlier 0.9% figure measured price changes from December to January, while the latest -0.1% reading captures the change from January to February. This swing from strong monthly growth to a slight decline suggests that consumer price momentum has cooled markedly at the start of the year, a development that will be closely watched by policymakers and investors assessing the outlook for inflation and interest rates in the Czech economy.