Czech inflation at 16-month high in OctoberStaff Writer | November 10, 2016
Czech consumer price inflation accelerated more-than-expected in October to the highest level in sixteen months, figures from the Czech Statistical Office showed.
Europe The consumer price index rose 0.8 percent
Prices of clothing and footwear grew 1.8 percent annually in October and utility costs went up by 0.5 percent. At the same time, prices of food and non-alcoholic beverages registered a decline of 1.2 percent.
On a monthly basis, consumer prices increased 0.3 percent in October. It was forecast to rise by 0.2 percent. ■