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Czech Republic Annual Inflation Rate

Czech Republic's annual inflation rate fell to 2.44% in 2024, down from 10.66% in 2023, according to World Bank. This represents a decrease of 8.22% from the previous year. The Czech Republic has annual inflation rate lower than the global median (2.44% vs median 3.16%). Compared with the median in Europe, the Czech Republic is lower (2.44% vs regional median 2.76%) and ranks 25th out of 43 countries in Europe.

Yearly Historical Data (1992-2024)

(in %)
Year Annual Inflation Rate (%)
2024 2.44%
2023 10.66%
2022 15.1%
2021 3.84%
2020 3.16%
2019 2.85%
2018 2.15%
2017 2.45%
2016 0.68%
2015 0.31%
2014 0.34%
2013 1.44%
2012 3.29%
2011 1.92%
2010 1.47%
2009 1.02%
2008 6.36%
2007 2.85%
2006 2.53%
2005 1.86%
2004 2.76%
2003 0.12%
2002 1.9%
2001 4.66%
2000 3.78%
1999 2.14%
1998 10.7%
1997 8.6%
1996 8.76%
1995 8.99%
1994 10.04%
1993 20.81%
1992 11.09%
Czech Republic Annual Inflation Rate : Definition
Annual Inflation Rate measures the yearly percentage increase in consumer prices in Czech Republic.
Indicator Last Value Prior Value Period
Core Inflation Rate 2.8% 2.8% Sep'25
Inflation Rate 2.3% 2.5% Sep'25
Inflation Rate MoM -0.6% 0.1% Sep'25
Producer Price Index (PPI) -1% -0.8% Sep'25