Inflation Czech Republic 2014

Average inflation: 0.3%

Current Inflation

Inflation is very low at 0.3%, well below the ECB target.

Peak and Trough

The highest inflation was in September at 0.7%. The lowest inflation was in June at 0.0%.

Highest month
September: 0.7%
Lowest month
June: 0.0%
Difference
0.7 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Clothing and footwear with an average of 3.1%. The lowest price increase was in Communication with an average of -5.2%.

Highest increase
Clothing and footwear: 3.1%
Lowest increase
Communication: -5.2%

Historical Context

Current inflation is 1.4% lower than the 5-year average of 1.7%.

5-year average
1.7%
10-year average
2.3%
All-time high (2008)
6.4%
All-time low (2003)
0.1%

Trend

Inflation shows a downward trend. Compared to 2013, inflation has fallen by +1.1 percentage point.

Change vs. previous year
-1.1 percentage points
Largest monthly swing
January: -1.8 percentage points

ECB Target

Inflation is 1.7% below the ECB target of 2.0%. Too low inflation may indicate economic weakness.

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 €100.30 next year at this inflation rate.

Multi-year trend

Monthly figures 2014

Inflation by category

Food and non-alcoholic beverages
2.0%
+1.7vs avg.
More details →
Alcoholic beverages, tobacco and narcotics
2.8%
+2.5vs avg.
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Clothing and footwear
3.1%
+2.8vs avg.
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Housing, water, electricity, gas and other fuels
-1.4%
-1.7vs avg.
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Furnishings, household equipment and maintenance
-0.7%
-1.0vs avg.
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Health
-1.8%
-2.1vs avg.
More details →
Transport
0.3%
-0.0vs avg.
More details →
Communication
-5.2%
-5.5vs avg.
More details →
Recreation and culture
0.4%
+0.1vs avg.
More details →
Education
1.3%
+1.0vs avg.
More details →
Restaurants and hotels
1.6%
+1.3vs avg.
More details →
Miscellaneous goods and services
1.3%
+1.0vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 2013
January 0.2% -1.8
February 0.2% -1.5
March 0.1% -1.6
April 0.1% -1.6
May 0.4% -0.9
June 0.0% -1.5
July 0.5% -0.9
August 0.6% -0.7
September 0.7% -0.3
October 0.7% -0.2
November 0.5% -0.6
December 0.1% -1.3
Average 0.3%

Data source

Data from OECD. Last updated: 13/01/2026.

See also