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.

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Czech Republic Producer Prices Change

Actual Previous Highest Lowest Dates Unit Frequency
6.10 5.10 77.40 -5.40 1991 - 2021 percent Monthly
NSA


Calendar GMT Actual Previous Consensus TEForecast
2021-04-20 07:00 AM Mar 3.3% 1.4% 2.6% 2.9%
2021-05-17 07:00 AM Apr 4.6% 3.3% 4.1% 4.4%
2021-06-16 07:00 AM May 5.1% 4.6% 4.6% 4.7%
2021-07-20 07:00 AM Jun 6.1% 5.1% 5.9% 5.8%
2021-08-16 07:00 AM Jul 6.1%
2021-09-16 07:00 AM Aug
2021-10-18 07:00 AM Sep
2021-11-16 08:00 AM Oct


News Stream
Czech Producer Inflation Hits 10-Year High
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.
2021-07-20
Czech Republic Producer Inflation at Near 10-Year High
Producer prices in the Czech Republic climbed 5.1 percent year-on-year in May of 2021, following a 4.5 percent hike in the prior month and above market expectations of a 4.6 percent jump. It was the sharpest increase in producer prices since November of 2011, underpinned by prices in manufacturing (6.3 percent vs 5.6 percent in April). Upward pressure also came from charges in water supply, sewerage, waste management and remediation services (5.9 percent vs 6.9 percent); and mining & quarrying (0.3 percent vs 1.0 percent); and electricity, gas, steam and air conditioning (0.2 percent vs -0.1 percent). On a monthly basis, producer prices went up 0.9 percent, slightly quicker than the 0.8 percent increase in April and more than doubled market consensus of a 0.4 percent gain.
2021-06-16
Czech April Producer Inflation Highest since 2011
Producer prices in the Czech Republic surged 4.6 percent from a year earlier in April of 2021, following a 1.4 percent rise in the prior month and above market expectations of a 4.1 percent rise. It was the highest producer inflation rate since November of 2011, amid rising prices of manufacturing (5.6 percent); water supply, sewerage, waste management and remediation services (6.9 percent) and mining & quarrying (1 percent). Meanwhile, costs decreased for electricity, gas, steam and air conditioning (-0.1 percent). On a monthly basis, producer prices went up 0.8 percent, after a 1.4 percent increase in February and beating market consensus of a 0.4 percent rise.
2021-05-17
Czech Producer Prices Rise the Most in 1 Year
Producer prices in the Czech Republic rose 1.4 percent year-on-year in February of 2021, following a flat reading in the previous month and above market expectations of a 1.1 percent. It is the highest producer inflation in a year as cost rebounded for manufacturing (1.6 percent vs -0.3 percent in January) and continued to rise for electricity, gas, steam and air conditioning (0.4 percent vs 0.4 percent) and water supply, sewerage, waste management and remediation services (6.9 percent vs 6.9 percent). Meanwhile prices fell for mining & quarrying (-0.8 percent vs -0.3 percent in January). On a monthly basis, producer prices were up 0.7 percent, following a 1.3 percent increase in the prior month.
2021-03-15

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.