Development of inflation rates in Czechia
The inflation rate for consumer prices in Czechia moved over the past 29 years between 0.1% and 20.8%. For 2021, an inflation rate of 3.8% was calculated.During the observation period from 1992 to 2021, the average inflation rate was 4.6% per year. Overall, the price increase was 257.64 %. An item that cost 100 Krone in 1992 was so charged 357.64 Krone in the beginning of 2022.
For April 2022, the year-on-year inflation rate was 14.2%.
This includes in particular energy (+34.6%) and food (+10.7%).
› Inflation rates in global comparison
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Performance over the last 29 years compared to the US
In only a very few countries, the price increase is that high. The Consumer Price Index (CPI) of 20.8% in 1993 means, that compared to the previous year all prices have been increased by an average of 20.8%. In comparison to other countries, the drastic price increases are no longer on average. Usually this is a sign of political and economic turmoil.Performance based on 100% in 1991:
Inflation calculator for Czechia
Enter any amount, an initial year and an end year here. You will then be issued with the amount that arose from the original amount after inflation. Example: 1000 Krone in 1992 corresponds to an amount of 3,576.36 Krone at the beginning of 2022 due to inflation.Development of inflation rates for consumer goods in Czechia
Energy and food
Historical inflation rates in comparison
| Year | Czechia | Ø USA | Ø World |
|---|---|---|---|
| 2021 | 3.84 % | 4.70 % | 3.42 % |
| 2020 | 3.16 % | 1.23 % | 1.89 % |
| 2019 | 2.85 % | 1.81 % | 2.21 % |
| 2018 | 2.15 % | 2.44 % | 2.44 % |
| 2017 | 2.45 % | 2.13 % | 2.19 % |
| 2016 | 0.68 % | 1.26 % | 1.55 % |
| 2015 | 0.31 % | 0.12 % | 1.43 % |
| 2014 | 0.34 % | 1.62 % | 2.35 % |
| 2013 | 1.44 % | 1.46 % | 2.62 % |
| 2012 | 3.29 % | 2.07 % | 3.73 % |
| 2011 | 1.92 % | 3.16 % | 4.82 % |
| 2010 | 1.47 % | 1.64 % | 3.35 % |
| 2009 | 1.02 % | -0.36 % | 2.94 % |
| 2008 | 6.36 % | 3.84 % | 8.95 % |
| 2007 | 2.85 % | 2.85 % | 4.82 % |
| 2006 | 2.53 % | 3.23 % | 4.28 % |
| 2005 | 1.86 % | 3.39 % | 4.11 % |
| 2004 | 2.76 % | 2.68 % | 3.38 % |
| 2003 | 0.12 % | 2.27 % | 3.03 % |
| 2002 | 1.90 % | 1.59 % | 2.83 % |
| 2001 | 4.66 % | 2.83 % | 3.84 % |
| 2000 | 3.78 % | 3.38 % | 3.49 % |
| 1999 | 2.14 % | 2.19 % | 3.08 % |
| 1998 | 10.70 % | 1.55 % | 5.11 % |
| 1997 | 8.60 % | 2.34 % | 5.57 % |
| 1996 | 8.76 % | 2.93 % | 6.55 % |
| 1995 | 8.99 % | 2.81 % | 9.15 % |
| 1994 | 10.04 % | 2.61 % | 10.32 % |
| 1993 | 20.81 % | 2.95 % | 7.51 % |
| 1992 | 11.09 % | 3.03 % | 7.71 % |
Data basis: International Monetary Fund, World Bank and OECD Inflation CPI indicator (doi:10.1787/eee82e6e-en)
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