Czech inflation falls to 2.7 percent in September

Czech inflation was 2.7 percent in September on a 12-month comparison after 3.1 percent in August, the Czech Statistical Office announced on Monday. In September, consumer prices fell by 0.7 percent from the August figure. Prices rose in August by 0.2 percent compared with July. The lower cost of package holidays at home and abroad, the first drop in the cost of petrol after rises during the previous five months, and lower seasonal prices of fruit and vegetables contributed to September's lower inflation rate, the office explained.