Inflation Czech Republic 2002
Average inflation: 1.9%
Current Inflation
Inflation is low at 1.9%, below the ECB target of 2%.
Peak and Trough
The highest inflation was in January at 3.9%. The lowest inflation was in November at 0.5%.
- Highest month
- January: 3.9%
- Lowest month
- November: 0.5%
- Difference
- 3.4 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Housing, water, electricity, gas and other fuels with an average of 6.0%. The lowest price increase was in Clothing and footwear with an average of -2.6%.
- Highest increase
- Housing, water, electricity, gas and other fuels: 6.0%
- Lowest increase
- Clothing and footwear: -2.6%
Historical Context
Current inflation is 1.6% lower than the 5-year average of 3.5%. This approaches the lowest level since records began (1.9% in 2002).
- 5-year average
- 3.5%
- 10-year average
- 3.5%
- All-time high (2001)
- 4.7%
- All-time low (2002)
- 1.9%
Trend
Inflation shows a downward trend. Compared to 2001, inflation has fallen by +2.8 percentage point.
- Change vs. previous year
- -2.8 percentage points
- Largest monthly swing
- July: -5.3 percentage points
ECB Target
Inflation is close to the ECB target of 2.0%.
Purchasing Power
At this inflation rate, purchasing power gradually decreases. The impact on daily expenses is relatively limited.
What you could buy for €100 this year will cost approximately €101.90 next year at this inflation rate.
Multi-year trend
Monthly figures 2002
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2001 |
|---|---|---|
| January | 3.9% | -0.3 |
| February | 3.9% | 0.0 |
| March | 3.7% | -0.3 |
| April | 3.5% | -1.0 |
| May | 2.7% | -2.3 |
| June | 1.2% | -4.2 |
| July | 0.6% | -5.3 |
| August | 0.7% | -4.9 |
| September | 1.0% | -3.7 |
| October | 0.7% | -3.7 |
| November | 0.5% | -3.7 |
| December | 0.7% | -3.4 |
| Average | 1.9% |
Data source
Data from OECD. Last updated: 10/01/2026.