Inflation Czech Republic 2005

Average inflation: 1.8%

Current Inflation

Inflation is low at 1.8%, below the ECB target of 2%.

Peak and Trough

The highest inflation was in October at 2.6%. The lowest inflation was in May at 1.3%.

Highest month
October: 2.6%
Lowest month
May: 1.3%
Difference
1.3 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Communication with an average of 7.6%. The lowest price increase was in Clothing and footwear with an average of -5.2%.

Highest increase
Communication: 7.6%
Lowest increase
Clothing and footwear: -5.2%

Historical Context

Current inflation is around the 5-year average of 2.3%.

5-year average
2.3%
10-year average
2.5%
All-time high (2001)
4.7%
All-time low (2003)
0.1%

Trend

Inflation shows an upward trend. Compared to 2004, inflation has risen by -1.0 percentage point.

Change vs. previous year
-1.0 percentage points
Largest monthly swing
August: -1.8 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 €101.80 next year at this inflation rate.

Multi-year trend

Monthly figures 2005

Inflation by category

Food and non-alcoholic beverages
-0.3%
-2.0vs avg.
More details →
Alcoholic beverages, tobacco and narcotics
1.4%
-0.4vs avg.
More details →
Clothing and footwear
-5.2%
-7.0vs avg.
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Housing, water, electricity, gas and other fuels
4.2%
+2.4vs avg.
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Furnishings, household equipment and maintenance
-2.0%
-3.8vs avg.
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Health
7.6%
+5.8vs avg.
More details →
Transport
1.4%
-0.4vs avg.
More details →
Communication
7.6%
+5.8vs avg.
More details →
Recreation and culture
1.8%
+0.0vs avg.
More details →
Education
2.4%
+0.6vs avg.
More details →
Restaurants and hotels
4.6%
+2.8vs avg.
More details →
Miscellaneous goods and services
0.9%
-0.9vs avg.
More details →

Inflation differs per product group. Click on a category for the historical trend.

Month overview

Month Inflation Difference vs. 2004
January 1.6% -0.7
February 1.6% -0.7
March 1.5% -1.0
April 1.6% -0.6
May 1.3% -1.4
June 1.8% -1.0
July 1.6% -1.5
August 1.6% -1.8
September 2.3% -0.6
October 2.6% -0.8
November 2.4% -0.4
December 2.3% -0.4
Average 1.8%

Data source

Data from OECD. Last updated: 10/01/2026.

See also