Inflation Czech Republic 2007
Average inflation: 2.9%
Current Inflation
Inflation is normal at 2.9%, around the ECB target.
Peak and Trough
The highest inflation was in December at 5.4%. The lowest inflation was in January at 1.2%.
- Highest month
- December: 5.4%
- Lowest month
- January: 1.2%
- Difference
- 4.2 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Alcoholic beverages, tobacco and narcotics with an average of 10.2%. The lowest price increase was in Clothing and footwear with an average of -0.8%.
- Highest increase
- Alcoholic beverages, tobacco and narcotics: 10.2%
- Lowest increase
- Clothing and footwear: -0.8%
Historical Context
Current inflation is 0.9% higher than the 5-year average of 2.0%.
- 5-year average
- 2%
- 10-year average
- 2.6%
- All-time high (2001)
- 4.7%
- All-time low (2003)
- 0.1%
Trend
Inflation shows an upward trend. Compared to 2006, inflation has risen by +0.4 percentage point.
- Change vs. previous year
- +0.4 percentage points
- Largest monthly swing
- December: +3.7 percentage points
ECB Target
Inflation is 0.9% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this inflation rate, purchasing power noticeably decreases. Without a salary increase, you can buy less with the same money.
What you could buy for €100 this year will cost approximately €102.90 next year at this inflation rate.
Multi-year trend
Monthly figures 2007
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2006 |
|---|---|---|
| January | 1.2% | -1.8 |
| February | 1.5% | -1.2 |
| March | 1.8% | -1.1 |
| April | 2.5% | -0.2 |
| May | 2.4% | -0.7 |
| June | 2.4% | -0.3 |
| July | 2.4% | -0.6 |
| August | 2.5% | -0.7 |
| September | 2.9% | +0.2 |
| October | 4.1% | +2.9 |
| November | 5.1% | +3.6 |
| December | 5.4% | +3.7 |
| Average | 2.9% |
Data source
Data from OECD. Last updated: 10/01/2026.