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FX.co ★ Czech Producer Price Deflation Eases in March, Signaling Possible Turn in Cost Pressures

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typeContent_19130:::2026-04-20T07:00:00

Czech Producer Price Deflation Eases in March, Signaling Possible Turn in Cost Pressures

Czech industrial producer prices continued to fall in March 2026, but at a notably slower pace, suggesting that deflationary pressures in the country’s production sector may be starting to ease. The Producer Price Index (PPI) declined 1.1% year-on-year in March, compared with a sharper 2.9% drop in February 2026.

The figures, updated on 20 April 2026, are based on year-over-year comparisons, with the current reading measuring March 2026 against March 2025 and the previous reading comparing February 2026 with February 2025. While producer prices remain in negative territory, the smaller annual decline in March points to a gradual stabilization in input and wholesale price dynamics, which could, over time, filter through to consumer prices and influence the Czech National Bank’s policy calculus.

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