FX.co ★ Czech Republic Inflation Eases to 9-Month Low

In January 2026, the Czech Republic experienced a reduction in its annual inflation rate to 1.6%, down from 2.1% in December, according to preliminary estimates. This rate slightly underperformed market predictions of 1.7% and represents the lowest level since April 2025. The cost of goods saw a decline, registering a -0.4% change compared to a 0.5% increase in December. Energy costs experienced further deflation, dropping to -7.9% from -4.2%. Inflation for food and non-alcoholic beverages slowed to 1.3% from the previous 1.7%. However, the inflation rate for services remained consistent at 4.7%. Meanwhile, inflation for alcoholic beverages and tobacco products continued to increase, rising to 4.7% from 4.1%. On a month-over-month basis, consumer prices increased by 0.9%, recovering from a 0.3% decline in the prior month.