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Czech Services Inflation Bolsters Cautious Interest Rate Stance

Summary by Bloomberg
Czech inflation slowed more than expected in November but the closely watched measure of services prices remained elevated and will likely reinforce the central bank’s cautious monetary policy stance.

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The annual inflation rate in the Czech Republic fell to 2.1 percent in November from 2.5 percent in October, the Czech Statistical Office said in a preliminary estimate. Month-on-month, consumer prices fell by 0.3 percent.

The market expected an acceleration, but price growth approached the low levels from the spring months

According to a preliminary estimate by the Czech Statistical Office, inflation fell to 2.1 percent in November; the final figures will be published on December 10.

Prague - Year-on-year inflation in the Czech Republic is the lowest since April this year, slowing to 2.1 percent in November from 2.5 percent in October. This follows from a preliminary estimate published today by the Czech Statistical Office (CZSO). Month-on-month consumer prices fell by 0.3 percent in November. The CZSO will publish the final value of November inflation on December 10, having confirmed its value every time in previous months.…

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Novinky.cz broke the news in on Thursday, December 4, 2025.
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