Inflation remains at 0.1 percent in June

Inflation in the Czech Republic remains close to zero, reaching 0.1 percent year-on-year for the second month in a row in June, according to figures released by the Czech Statistics Office on Tuesday. An analyst with Komerční banka told the Czech News Agency that inflation was unlikely to rise significantly in the coming months. Fuel prices increased by four percent compared to May, but overall inflation was pulled down by reductions in the prices of foodstuffs.

Author: Ian Willoughby