Inflation in September rose to 18 percent y-on-y

Year-on-year inflation reached 18 percent in September, according to data published by the Czech Statistics Agency on Tuesday. While the previous month saw the first dip in inflation for more than a year, it grew by 0.8 percent in September, reaching the highest year-on-year rate since December 1993, according to the Czech News Agency.

Rising energy and fuel prices were most to blame for the acceleration, according to Pavla Šedivá from the Czech Statistics Agency.