Czechia has seventh-lowest inflation in Europe, analysis finds

Czechia had the seventh-lowest inflation rate among 42 European countries in October, with consumer prices rising by 2.4 percent year on year, according to an analysis by investment company Portu. All four of its neighbouring countries recorded higher inflation.

Inflation reached 3.1 percent in Slovakia, 3.5 percent in Poland, 2.8 percent in Germany and 3.6 percent in Austria. Sweden had the lowest rate in Europe, at 0.9 percent, while Ukraine recorded the highest, at 10.9 percent.

Author: Ruth Fraňková