July inflation in Czechia likely remained at 2%, analysts estimate 

Year-on-year inflation in July is expected to have remained at 2%, the same as in June, according to analysts surveyed by the Czech Press Agency. Consumer prices increased by 0.5% compared to the previous month, driven by higher fuel and food prices, as well as increases in housing, dining, and recreational services. The Czech National Bank also forecasted 2% inflation for July. The Czech Statistical Office will release the official data on Monday. Inflation is expected to fluctuate slightly in the coming months, with projections of 1.8% in August and 2.3% in September.

Author: Vít Pohanka