- Economy is providing resources for English speaking Business Professionals living in, visiting, or interested in Prague and Czech Republic. Browse our latest Economy articles, if you have interesting content to share with our users, please feel free to contact us anytime to discuss with us possible publication on!

ÈSÚ: Inflation accelerated to 0.7% y/y in May

Consumer prices in the Czech Republic grew by 0.3% m/m in May 2015. The inflation’s development was influenced primarily by higher prices in the segment of transport, foodstuffs and non-alcoholic beverages, alcoholic beverages and tobacco. Consumer prices grew 0.7% y/y, down 0.2 p.p. on April and the highest growth rate since October 2014. The information was provided by the Czech Statistical Office (ÈSÚ).