Czech Republic - Consumer Price Index (CPI)




Czech Republic: Consumer Price Index (CPI)

Mnemonic CPI.ICZE
Unit Index 2015=100, NSA
Adjustments Not Seasonally Adjusted
Monthly 0.18 %
Data Apr 2020 111
Mar 2020 111.2

Series Information

Source The Czech Statistical Office (CZSO)
Release Consumer Price Index
Frequency Monthly
Start Date 1/31/1995
End Date 4/30/2020

Czech Republic: Price

Reference Last Previous Units Frequency
Consumer Price Index (CPI) Apr 2020 111 111.2 Index 2015=100, NSA Monthly
Producer Price Index (PPI) Jan 2018 99.1 98.6 Index 2015=100, NSA Monthly
Wholesale Price Index 2016 100.99 104.4 Index 2010 = 100 Annual

Release Information

Description

For Czechia, the Consumer Price Index (CPI) measures the average change in prices of goods and services purchased by households over time. It serves as a key indicator of inflation and is widely used for economic analysis, monetary policy decisions, and indexation of wages and pensions. The CPI reflects price movements across a representative basket of goods and services, including food, housing, transport, and other categories. It is published monthly by the Czech Statistical Office (CZSO).

Properties

Active:

  • Classification: CZ-COICOP_2018
  • Measurement: Fixed-base index relative to 2025 (Index 2025=100)
  • Adjustment: Not seasonally adjusted (NSA)
  • Native frequency: Monthly
  • Start date: Uniformly 2015m1
  • Geo coverage:
    • Country
    • National capital (ICZE_PR)

Predecessors:

  • CZ-COICOP, 2015=100 - 1995m1* to 2025m12
  • 2005=100 - 1997m1* to 2016m12 ("_05")
  • 2000=100 - 1997m1 to 2007m1 ("00")

Global concept alias:

  • CPI

Methodology

The source writes:

In general, inflation is the growth of price level over a certain period of time. As a statistical concept, inflation is based on measuring net changes in prices using consumer price indices (CPI). Price indices measure the price level of a selected basket containing representative products and services (about 710 items) in two compared periods. The weights of individual price representatives in the consumer basket correspond to the share of a given kind of consumption which they represent in total household consumption. The consumer basket comprises foodstuffs (food, beverages and tobacco), other goods (clothing, furniture, household utensils, miscellaneous chemist's and small articles, goods for transport and leisure, personal care goods, etc.) and services (in the areas of repair, housing, household running, health and social care, transport, leisure, education, catering and accommodation, personal care and financial services).

The correct interpretation of the indices depend on the period in question. The consumer price index are often given figures which are different but both correct when explaining the rate of inflation. The commonly used inflation rates are 1) the inflation rate as an increase in the average annual CPI 2) inflation rate as an increase in CPI compared to the corresponding month in the previous year 3) inflation rate as an increase in CPI in relation to the previous month, and 4) inflation rate as an increase in CPI compared with the base year.

The classification used for this release is CZ-COICOP, which is a localization of UN-COICOP.

Moody's Analytics supplements

We back-extend the general index, national and Prague geos (1991m1 to 2014m12, 1995m1 to 2014m12), using IMF data and/or predecessor(s). For both, we produce a seasonally adjusted counterpart using the X-13ARIMA-SEATS program.

Revisions

Yes, particularly when methodological changes occur or updated weights are introduced. The January 2026 update includes significant changes to the basket composition and weighting structure, which may affect comparability with previous periods.

Notes

A full English-language methodology is attached to each monthly press release.

ECOICOP and CZ-COICOP are identical to UN COICOP at the granularity of our extract.

Further reading

At the source:

At Eurostat:

  • Harmonised indices of consumer prices (HICP) » Overview

At IMF (SDDS Plus):

Document edits

  • Sep 2005 - Initial version.
  • Dec 2011 - Addendum of SA supplement.
  • May 2012 - Addendum of subnational.
  • Feb 2017 - Rebased to 2015.
  • 24 Mar 2026, Phillip Thorne - Reclassified and rebased: Properties, Moody's Analytics supplements.