Czechia’s inflation in July fifth highest among OECD states

The July inflation rate in Czechia was the fifth highest in the OECD (Organisation for Economic Co-operation and Development) countries, after Turkey, Hungary, Poland and Slovakia, according to a report compiled by Utility Bidder. Czechia’s inflation rate in July was at 9.7 percent, Slovakia’s was 10.8 percent, Poland’s 11.5 percent, Hungary’s 20.1 percent, while Turkey’s 38.2 percent.  On the other hand, the lowest inflation rate was reported by Switzerland 1.7 per cent, followed by Greece 1.8 per cent and Spain 1.9 per cent.