The Czech National Bank raised its benchmark two-week repo rate by 25bps to 2 percent on May 2nd 2019, as widely expected, bringing borrowing costs to the highest level since February 2008. Also, the Lombard rate and the discount rate were lifted by 25bps to 3 percent and to 1 percent, respectively. The annual inflation rate rose to 3 percent in March from 2.7 percent in February, in line with the central bank predictions of higher inflation. Interest Rate in Czech Republic averaged 4.83 percent from 1995 until 2019, reaching an all time high of 39 percent in June of 1997 and a record low of 0.05 percent in November of 2012.

Interest Rate in Czech Republic is expected to be 2.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interest Rate in Czech Republic to stand at 2.25 in 12 months time. In the long-term, the Czech Republic Interest Rate is projected to trend around 2.50 percent in 2020, according to our econometric models.

Czech Republic Interest Rate
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Calendar GMT Actual Previous Consensus TEForecast
2018-12-20 12:00 PM CNB Interest Rate Decision 1.75% 1.75% 1.75% 1.75%
2019-02-07 12:30 PM CNB Interest Rate Decision 1.75% 1.75% 1.75% 1.75%
2019-03-28 12:00 PM CNB Interest Rate Decision 1.75% 1.75% 1.75% 1.75%
2019-05-02 11:00 AM CNB Interest Rate Decision 2% 1.75% 2% 1.75%
2019-06-26 11:00 AM CNB Interest Rate Decision 2% 2%
2019-08-01 11:00 AM CNB Interest Rate Decision 2%
2019-09-25 11:00 AM CNB Interest Rate Decision 2%


Czech Republic Money Last Previous Highest Lowest Unit
Interest Rate 2.00 1.75 39.00 0.05 percent [+]
Interbank Rate 0.17 0.17 27.63 0.15 percent [+]
Money Supply M0 579821.40 575624.40 579821.40 31400.00 CZK Million [+]
Money Supply M1 4002933.20 3972632.58 4002933.20 699289.59 CZK Million [+]
Money Supply M2 4512947.10 4464374.66 4512947.10 1326829.94 CZK Million [+]
Foreign Exchange Reserves 143701.02 143516.86 152085.37 545.00 USD Million [+]
Banks Balance Sheet 7845620.00 7776866.00 7845620.00 1097835.00 CZK Million [+]
Loans to Private Sector 1103091.00 1109335.00 1132159.00 425332.80 CZK Million [+]
Deposit Interest Rate 0.75 0.75 13.00 0.05 percent [+]
Lending Rate 2.75 2.75 50.00 0.25 percent [+]
Private Debt to GDP 139.10 140.10 148.30 120.70 percent [+]
Money Supply M3 4653633.10 4588216.61 4653633.10 1339928.85 CZK Million [+]
Cash Reserve Ratio 2.00 2.00 11.50 2.00 percent [+]
Central Bank Balance Sheet 3245147.00 3252934.20 3382429.60 622724.60 CZK Million [+]


Czech Republic Interest Rate

In Czech Republic benchmark interest rate is set by the Czech National Bank (Ceská Národní Bank CNB). The official interest rate is the two-week repo rate, a rate at which commercial banks are allowed to place excess funds at the end of the day with the Central Bank. This page provides the latest reported value for - Czech Republic Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Czech Republic Interest Rate - actual data, historical chart and calendar of releases - was last updated on June of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
2.00 1.75 39.00 0.05 1995 - 2019 percent Daily




Country Last Previous
Argentina 66.66 Jun/19
Turkey 24.00 Jun/19
Mexico 8.25 May/19
Russia 7.50 Jun/19
South Africa 6.75 May/19
Brazil 6.50 May/19
Indonesia 6.00 May/19
India 5.75 Jun/19
China 4.35 May/19
Saudi Arabia 3.00 May/19
United States 2.50 May/19
Singapore 1.88 May/19
Canada 1.75 May/19
South Korea 1.75 May/19
Australia 1.25 Jun/19
United Kingdom 0.75 May/19
Euro Area 0.00 Jun/19
France 0.00 Jun/19
Germany 0.00 Jun/19
Italy 0.00 Jun/19
Netherlands 0.00 Jun/19
Spain 0.00 Jun/19
Japan -0.10 May/19
Switzerland -0.75 Jun/19


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