Average inflation measured by CPI fell 0.471% to 2.32% in the Czech Republic in 2019, according to the National Statistical Office.
Historically, average inflation measured by CPI in the Czech Republic reached an all time high of 2.33% in 2018 and an all time low of 0.001% in 2003. When compared to Czech Republic's main peers, average inflation measured by CPI in Austria amounted to 2.07%, 3.26% in Hungary, 2.83% in Poland and 2.22% in Slovakia in 2019.
Czech Republic has been ranked 109th within the group of 172 countries we follow in terms of average inflation measured by CPI, 21 places above the position seen 10 years ago.
Inflation, CPI (Average) | Unit | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 |
Austria | % | 2.75% | 7.73% | 5.12% | 2.50% | 2.20% | ||||||||||||||||
Czechia | % | 3.84% | 16.3% | 8.58% | 2.50% | 2.00% | ||||||||||||||||
Germany | % | 3.21% | 8.46% | 7.19% | 3.53% | 2.56% | ||||||||||||||||
Hungary | % | 5.13% | 13.9% | 13.3% | 5.64% | 3.97% | ||||||||||||||||
Italy | % | 1.94% | 8.74% | 5.21% | 1.74% | 2.13% | ||||||||||||||||
Poland | % | 5.12% | 13.8% | 14.3% | 4.26% | 3.21% | ||||||||||||||||
Russia | % | 6.69% | 13.8% | 5.04% | 4.00% | 4.00% | ||||||||||||||||
Slovakia | % | 2.82% | 11.9% | 10.1% | 4.41% | 2.80% | ||||||||||||||||
Switzerland | % | 0.582% | 3.06% | 2.39% | 1.55% | 1.28% | ||||||||||||||||
Ukraine | % | 9.36% | 20.6% | 5.19% | 5.00% | 5.00% | ... | ... |