Inflation Czech Republic 2012

Average inflation: 3.3%

Current Inflation

Inflation is high at 3.3%, well above the ECB target.

Peak and Trough

The highest inflation was in February at 3.7%. The lowest inflation was in December at 2.4%.

Highest month
February: 3.7%
Lowest month
December: 2.4%
Difference
1.3 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Health with an average of 9.3%. The lowest price increase was in Clothing and footwear with an average of -3.1%.

Highest increase
Health: 9.3%
Lowest increase
Clothing and footwear: -3.1%

Historical Context

Current inflation is around the 5-year average of 2.8%.

5-year average
2.8%
10-year average
2.4%
All-time high (2008)
6.4%
All-time low (2003)
0.1%

Trend

Inflation shows an upward trend. Compared to 2011, inflation has risen by +1.4 percentage point.

Change vs. previous year
+1.4 percentage points
Largest monthly swing
March: +2.0 percentage points

ECB Target

Inflation is 1.3% 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 €103.30 next year at this inflation rate.

Multi-year trend

Monthly figures 2012

Inflation by category

Food and non-alcoholic beverages
6.9%
+3.6vs avg.
More details →
Alcoholic beverages, tobacco and narcotics
2.6%
-0.7vs avg.
More details →
Clothing and footwear
-3.1%
-6.4vs avg.
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Housing, water, electricity, gas and other fuels
5.0%
+1.7vs avg.
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Furnishings, household equipment and maintenance
-1.2%
-4.5vs avg.
More details →
Health
9.3%
+6.0vs avg.
More details →
Transport
2.8%
-0.5vs avg.
More details →
Communication
-2.4%
-5.7vs avg.
More details →
Recreation and culture
-0.2%
-3.5vs avg.
More details →
Education
1.9%
-1.4vs avg.
More details →
Restaurants and hotels
3.9%
+0.6vs avg.
More details →
Miscellaneous goods and services
1.9%
-1.4vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 2011
January 3.5% +1.8
February 3.7% +1.9
March 3.7% +2.0
April 3.5% +2.0
May 3.2% +1.3
June 3.5% +1.7
July 3.2% +1.5
August 3.3% +1.5
September 3.4% +1.6
October 3.5% +1.2
November 2.7% +0.2
December 2.4% 0.0
Average 3.3%

Data source

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

See also