Producer prices in the Czech Republic advanced by 13.2 percent year-on-year in December of 2021, down slightly from a 13.5 percent jump in November and below market expectations of a 13.9 percent surge. Prices of manufactured products rose at a softer pace (14.7 percent vs 15.4 percent in November) and inflation remained steady for water supply (at 5.9 percent). On the other hand, costs increased further for mining products (14.6 percent vs 14 percent) and electricity, gas, steam and air conditioning (7.1 percent vs 5.6 percent). On a monthly basis, producer prices went down 0.1 percent, after increasing 1.2 percent in the previous month and against market expectations of a 0.5 percent rise. source: Czech Statistical Office
Producer Prices Change in Czech Republic averaged 4.99 percent from 1991 until 2021, 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 January of 2022.
Producer Prices Change in Czech Republic is expected to be 7.70 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 1.80 percent in 2023, according to our econometric models.