🇨🇿Czechia inflation rate
released 16 Oct 2026 · data through September 2026 · next release expected 31 Oct 2026
Czechia sits outside the euro area, with its own currency and central bank. Harmonised inflation (HICP) — the EU-harmonised measure that makes prices comparable across Europe — stands at 2.2% as of September 2026. That is 0.2 percentage points above the CNB's 2% target, and 1.6 points below the eurozone average of 3.8%.
The breakdown shows core (excluding energy and food) at 3.0%, energy at 5.7%, food at −1.0% and services at 4.4%. The strongest pressure is in energy (5.7%), while food is the softest (−1.0%).
Month on month the headline rose from 1.5% to 2.2%, extending the climb.
Czechia ranks number 26 of 30 European economies by annual inflation, from highest to lowest, between Malta and Denmark.
Harmonised inflation (HICP) is 2.2% as of September 2026 — that is 0.2 percentage points above the CNB's 2% target.
Inflation by year
Inflation in Czechia averaged 2.3% in 2025, lower than in 2024 (2.7%).
| Year | Annual average | December, year on year |
|---|---|---|
| 2026 so far | – | 2.2% (September) |
| 2025 | 2.3% | 1.7% |
| 2024 | 2.7% | 3.3% |
| 2023 | 12.0% | 7.6% |
| 2022 | 14.8% | 16.7% |
| 2021 | 3.3% | 5.4% |
| 2020 | 3.3% | 2.4% |
| 2019 | 2.6% | 3.2% |
| 2018 | 1.9% | 1.6% |
| 2017 | 2.5% | 2.2% |
| 2016 | 0.7% | 2.1% |
Annual average: the average HICP index of the year compared with the previous year's average, as Eurostat publishes it (prc_hicp_ainr) — not an average of the monthly rates. December: the year-on-year rate of that month (prc_hicp_minr). The current year shows the latest monthly year-on-year rate.
Compare with the rest of Europe on the European inflation ranking →
Work out what money from the past is worth today: Inflation Calculator Czechia →
Frequently asked questions
- What is Czechia's current inflation rate?
- Czechia's annual inflation rate, measured by the harmonised index of consumer prices (HICP), is 2.2% as of September 2026.
- Is Czechia's inflation above or below the CNB's 2% target?
- At 2.2%, it is 0.2 percentage points above the Czech National Bank's 2% target.
- How does Czechia's inflation compare with the rest of Europe?
- Czechia ranks number 26 of 30 European economies by inflation, 1.6 points below the eurozone average of 3.8%.
- Did Czechia's inflation rise or fall last month?
- Month on month, the headline rate rose from 1.5% to 2.2% in September 2026.
- What was inflation in Czechia in 2025?
- Inflation in Czechia averaged 2.3% in 2025, lower than in 2024 (2.7%). In December 2025, the year-on-year rate was 1.7%.
- What was inflation in Czechia over the last 10 years?
- Between 2016 and 2025, annual average inflation in Czechia ranged from 0.7% in 2016 to 14.8% in 2022. The mean of the annual rates over those years was 4.6%.