Inflation Czech Republic 2017
Average inflation: 2.5%
Current Inflation
Inflation is normal at 2.5%, around the ECB target.
Peak and Trough
The highest inflation was in October at 2.9%. The lowest inflation was in April at 2.0%.
- Highest month
- October: 2.9%
- Lowest month
- April: 2.0%
- Difference
- 0.9 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Restaurants and hotels with an average of 5.7%. The lowest price increase was in Communication with an average of -0.8%.
- Highest increase
- Restaurants and hotels: 5.7%
- Lowest increase
- Communication: -0.8%
Historical Context
Current inflation is 1.5% higher than the 5-year average of 1.0%.
- 5-year average
- 1%
- 10-year average
- 1.9%
- All-time high (2008)
- 6.4%
- All-time low (2003)
- 0.1%
Trend
Inflation shows an upward trend. Compared to 2016, inflation has risen by +1.8 percentage point.
- Change vs. previous year
- +1.8 percentage points
- Largest monthly swing
- March: +2.3 percentage points
ECB Target
Inflation is 0.5% 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 €102.50 next year at this inflation rate.
Multi-year trend
Monthly figures 2017
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2016 |
|---|---|---|
| January | 2.2% | +1.6 |
| February | 2.5% | +2.0 |
| March | 2.6% | +2.3 |
| April | 2.0% | +1.4 |
| May | 2.4% | +2.3 |
| June | 2.3% | +2.2 |
| July | 2.5% | +2.0 |
| August | 2.5% | +1.9 |
| September | 2.7% | +2.2 |
| October | 2.9% | +2.1 |
| November | 2.6% | +1.0 |
| December | 2.4% | +0.4 |
| Average | 2.5% |
Data source
Data from OECD. Last updated: 10/01/2026.