The annual producer inflation in the Czech Republic accelerated to 1.4% in December 2023, up from 0.8% in the previous month but coming less than market expectations of 1.7%. It was the highest reading since August, as prices rose further for mining and quarrying (40.5% vs 39.7% in November), due to higher costs of coal and lignite, crude petroleum and natural gas. Conversely, prices continued to decline for manufacturing (-1.4% vs -2.5%), while producer inflation slowed for electricity, gas, steam and air conditioning (6.3% vs 8.0%), and the water supply rate was unchanged at 16.3%. On a monthly basis, producer prices went down 0.5%, worse than market estimates of a 0.2% fall and following November’s 0.4% decline. source: Czech Statistical Office

Producer Prices in Czech Republic increased 1.40 percent in December of 2023 over the same month in the previous year. Producer Prices Change in Czech Republic averaged 5.58 percent from 1991 until 2023, reaching an all time high of 77.40 percent in May of 1991 and a record low of -5.40 percent in September of 2009. This page provides - Czech Republic Producer Prices Change - actual values, historical data, forecast, chart, statistics, economic calendar and news. Czech Republic Producer Prices Change - data, historical chart, forecasts and calendar of releases - was last updated on February of 2024.

Producer Prices in Czech Republic increased 1.40 percent in December of 2023 over the same month in the previous year. Producer Prices Change in Czech Republic is expected to be 0.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Czech Republic Producer Prices Change is projected to trend around 0.80 percent in 2025 and 2.00 percent in 2026, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
Width
Height

Czech Republic Producer Prices Change


Calendar GMT Reference Actual Previous Consensus TEForecast
2023-12-18 08:00 AM
PPI YoY
Nov 0.8% 0.2% 1% 1.2%
2024-01-17 08:00 AM
PPI YoY
Dec 1.4% 0.8% 1.7% 1.0%
2024-02-28 08:00 AM
PPI YoY
Jan 1.4% -1.8% -1.3%


Related Last Previous Unit Reference
Inflation Rate 2.30 6.90 percent Jan 2024
Inflation Rate MoM 1.50 -0.40 percent Jan 2024
Consumer Price Index CPI 149.80 147.60 points Jan 2024
Harmonised Consumer Prices 150.10 147.50 points Jan 2024
GDP Deflator 139.60 138.00 points Sep 2023
Producer Prices 142.20 142.90 points Dec 2023
Producer Prices Change 1.40 0.80 percent Dec 2023
Export Prices 115.80 116.80 points Dec 2023
Import Prices 111.30 112.70 points Dec 2023
Food Inflation -3.90 -0.30 percent Jan 2024
CPI Transportation 132.40 132.10 points Jan 2024
CPI Housing Utilities 168.10 163.40 points Jan 2024

Czech Republic Producer Prices Change
Producer prices change refers to year over year change in price of goods and services sold by manufacturers and producers in the wholesale market during a given period.
Actual Previous Highest Lowest Dates Unit Frequency
1.40 0.80 77.40 -5.40 1991 - 2023 percent Monthly
NSA

News Stream
Czechia Producer Inflation Climbs to 4-Month High
The annual producer inflation in the Czech Republic accelerated to 1.4% in December 2023, up from 0.8% in the previous month but coming less than market expectations of 1.7%. It was the highest reading since August, as prices rose further for mining and quarrying (40.5% vs 39.7% in November), due to higher costs of coal and lignite, crude petroleum and natural gas. Conversely, prices continued to decline for manufacturing (-1.4% vs -2.5%), while producer inflation slowed for electricity, gas, steam and air conditioning (6.3% vs 8.0%), and the water supply rate was unchanged at 16.3%. On a monthly basis, producer prices went down 0.5%, worse than market estimates of a 0.2% fall and following November’s 0.4% decline.
2024-01-17
Czechia Producer Inflation Rises in November
The annual producer inflation in the Czech Republic rose to 0.8% in November 2023 from a near three-year low of 0.2% in October but coming below market expectations of 1.0%. Main upward pressure came from higher prices of electricity, gas, steam & air-conditioning (8.0% vs 7.0%). In contrast, costs continued to decline for manufacturing (-2.5% vs 3.0%), and producer inflation slightly slowed for mining & quarrying (39.7% vs 40.2%), while remained unchanged for water supply (16.3%). On a monthly basis, producer prices dropped 0.4%, worse than market estimates of a 0.2% decrease and slipping further from October’s 0.1% fall.
2023-12-18
Czech Producer Inflation Lowest Since 2021
The annual producer inflation in the Czech Republic further slowed to 0.2% in October 2023 from a 0.8% increase in the previous month and below market expectations of 0.6% rise. It was the lowest rate since January 2021, as prices eased for mining & quarrying (40.2% vs 42.5% in September) and slid further for manufacturing (-3% vs -1.6%). Conversely, prices increased at a faster rate for electricity, gas, steam & air-conditioning (7% vs 4.4%), while remained unchanged for water supply (16.3%). On a monthly basis, producer prices tumbled 0.1% in October, missing market expectations and previous month's figure of 0.3% rise.
2023-11-16