Czech annual inflation speeds up in April to 1.9 percent

The Czech Statistical Office said a more than 4.0 percent hike in the prices of alcoholic drinks was one of the main factors fuelling faster price rises. Tobacco prices also rose by 3.5 percent.

Across the board increases in April for a series of utility services, such as water, wastewater, and electricity also contributed significantly. Higher rental charges, up 2.6 percent, for property were also a factor. In the opposite direction, there were lower charges for telecoms and for clothing and footwear.