Consumer prices grow by 17.5%

(CIANEWS) - Consumer prices in the Czech Republic increased by 17.5% y/y in July 2022, 0.3pp higher than in June. They rose by 1.3% m/m, the Czech Statistical Office reported. Year-on-year, prices of goods rose by 20.0% in aggregate and prices of services by 14.0%. The inflation rate, expressed as the increase in the average consumer price index over the last 12 months compared to the average of the previous year, was 10.6% in July. According to Eurostat data, the year-on-year change in the Harmonised Index of Consumer Prices in the EU27 was 9.6% in June.



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