Czech Inflation Rate Flattens

BusinessEconomy ♦ Published: February 11, 2013; 12:58 ♦ (Vindobona)

In January, consumer prices were up by 1.3%. In the last twelve months, the price increase was 1.9%.

Czech Inflation Rate Flattens / Picture: ©

Consumer prices in January increased by 1.3% compared with December. This development came partly from the VAT increase since January 2013 and partly from price increases in 'housing, water, electricity, gas and other fuels' and 'food and non-alcoholic beverages', in particular. The year-on-year rise in consumer prices decelerated to 1.9% in January (2.4% in December…