Inflation Czech Republic 2008
Average inflation: 6.4%
Current Inflation
Inflation is very high at 6.4%, far above the ECB target.
Peak and Trough
The highest inflation was in February at 7.6%. The lowest inflation was in December at 3.7%.
- Highest month
- February: 7.6%
- Lowest month
- December: 3.7%
- Difference
- 3.9 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Health with an average of 31.4%. The lowest price increase was in Communication with an average of -2.7%.
- Highest increase
- Health: 31.4%
- Lowest increase
- Communication: -2.7%
Historical Context
Current inflation is 3.1% higher than the 5-year average of 3.3%. This approaches the highest level since records began (6.4% in 2008).
- 5-year average
- 3.3%
- 10-year average
- 3%
- All-time high (2008)
- 6.4%
- All-time low (2003)
- 0.1%
Trend
Inflation shows an upward trend. Compared to 2007, inflation has risen by +3.5 percentage point.
- Change vs. previous year
- +3.5 percentage points
- Largest monthly swing
- January: +6.3 percentage points
ECB Target
Inflation is 4.4% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.
What you could buy for €100 this year will cost approximately €106.40 next year at this inflation rate.
Multi-year trend
Monthly figures 2008
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2007 |
|---|---|---|
| January | 7.5% | +6.3 |
| February | 7.6% | +6.1 |
| March | 7.1% | +5.3 |
| April | 6.7% | +4.2 |
| May | 6.8% | +4.4 |
| June | 6.8% | +4.4 |
| July | 6.9% | +4.5 |
| August | 6.4% | +3.9 |
| September | 6.5% | +3.6 |
| October | 5.9% | +1.8 |
| November | 4.4% | -0.7 |
| December | 3.7% | -1.7 |
| Average | 6.4% |
Data source
Data from OECD. Last updated: 10/01/2026.