Cost of food in Czech Republic decreased 0.10 percent in December of 2020 over the same month in the previous year. source: Czech Statistical Office
Food Inflation in Czech Republic averaged 2.24 percent from 2000 until 2020, reaching an all time high of 12 percent in January of 2008 and a record low of -6.50 percent in July of 2009. This page provides - Czech Republic Food Inflation - actual values, historical data, forecast, chart, statistics, economic calendar and news. Czech Republic Food Inflation - values, historical data and charts - was last updated on February of 2021.
Food Inflation in Czech Republic is expected to be 1.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Food Inflation in Czech Republic to stand at 1.60 in 12 months time. In the long-term, the Czech Republic Food Inflation is projected to trend around 2.20 percent in 2022 and 2.00 percent in 2023, according to our econometric models.