Czechia records 17.2 percent rise in inflation in August

Inflation in Czechia reached 17.2 percent year-on-year in August, according to official data released on Monday. That was down slightly on the 17.5 percent recorded in July and was the first time the rate declined for 13 months. However, it was still the joint second-highest increase in that period.

Fuel prices fell slightly in August, but the prices of foodstuff were up. Housing also became more expensive.

Author: Ian Willoughby