Czech inflation for whole of last year 10.7 percent

Inflation in Czechia for the whole last year reached 10.7 percent, according to data published by the Czech Statistics Office on Thursday. That was 4.4 percentage points below the level for 2022, when the country saw the second highest rise in consumer prices in its history.

December saw inflation slow to 6.9 percent from the 7.3 percent recorded the previous month. The slowdown in December was driven by alcohol and food prices.