Producer prices in the Czech Republic rose by 6.1 percent from a year earlier in June 2021, the most since May 2011 and compared with market expectations of a 5.9 percent increase, due to a low base year and the ongoing economic re-opening. Upward pressure came from manufacturing (7.4 percent vs 6.3 percent), mining and quarrying (1.1 percent vs 0.3 percent), water supply, sewerage, waste management (5.9 percent, the same as in May 2021), and electricity, gas, steam and air conditioning (0.2 percent, the same as in May). On a monthly basis, producer prices rose by 0.8 percent in June, also beating forecasts of 0.7 percent. source: Czech Statistical Office
Producer Prices Change in Czech Republic averaged 4.89 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 August of 2021.
Producer Prices Change in Czech Republic is expected to be 5.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Producer Prices Change in Czech Republic to stand at 4.50 in 12 months time. In the long-term, the Czech Republic Producer Prices Change is projected to trend around 4.80 percent in 2022 and 2.20 percent in 2023, according to our econometric models.