Consumer price growth slows slightly in August

Consumer price growth in the Czech Republic slowed slightly, year-on-year, to 3.3 percent in August from 3.4 percent in July, according to data released by the Czech Statistics Office on Thursday.

People paid more for alcohol and tobacco, less for postal services and telecommunications. The price of spirits increased by 9.5 percent compared to last August, the prices of beer went up by 3.7 percent.

People paid 6 percent more for meat than a year ago, fruit rose by almost a quarter and sugar by 12 percent. The cost of rent, water, sewage, electricity and gas also increased. On the other hand, postal and telecommunications services cost four percent less than in the same period last year.