Producer prices in the Czech Republic fell by 1.1% year-on-year in March 2026, following a 2.9% decline in February and matching market expectations. This was the fourteenth consecutive month of producer price deflation, though the pace eased, largely due to a rebound in mining and quarrying prices (0.4% vs. -1.5%), supported by a smaller decrease in crude petroleum and natural gas (-10.6% vs. -17.4%).
Prices of manufactured products also returned to growth (1.2% vs. -1.7%), with declines moderating in chemicals and chemical products (-7.7% vs. -10.4%) and in computer, electronic and optical products (0.9% vs. -0.4%).
Prices for water supply, sewerage, waste management and remediation services were stable at 3.9%, while prices for electricity, gas, steam and air conditioning dropped by 9.2%, reversing a 7.1% increase recorded in February.
On a monthly basis, producer prices rose by 1.5% in March, accelerating from a 0.1% gain in the previous month.
