FX.co ★ Czech Republic Inflation Rate Confirmed at 2.9%

In June 2025, the Czech Republic experienced an increase in its annual inflation rate, climbing to 2.9% from 2.4% in May. This rise aligned with both initial estimates and market predictions, marking the most significant inflation level since December 2024. The escalation was driven by increased prices across various categories, including food and non-alcoholic beverages, which rose to 6.2% from 5.4% in May; recreation and culture, up to 4.2% from 3.9%; alcoholic beverages and tobacco, increasing to 4.1% from 3.7%; and miscellaneous goods and services, which saw a rise to 3.4% from 3.2%. Additionally, costs associated with furnishings, household equipment, and maintenance climbed to 2% from 1.4%, while housing and utilities increased to 2% from 1.9%, and education rose to 1.3% from 1.1%. Concurrently, the rate of decrease in costs for transport slowed from -3.3% to -1.5%, and clothing and footwear costs fell slightly from 1.9%. On a monthly scale, consumer prices edged up by 0.3%, compared to a 0.5% increase recorded in May.