Czech Republic inflation rate for 2023 was 10.66%, a 4.44% decline from 2022.
Czech Republic inflation rate for 2022 was 15.10%, a 11.26% increase from 2021.
Czech Republic inflation rate for 2021 was 3.84%, a 0.68% increase from 2020.
Czech Republic inflation rate for 2020 was 3.16%, a 0.31% increase from 2019.
Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
