Consumer prices up 2.3 per cent in July

Consumer price inflation slowed to 2.3 per cent in July from 2.6 per cent in June, the Czech Statistical Office said on Thursday.

Compared to July 2017, housing and fuel prices, in particular, grew while prices for clothing, footwear and telecommunication services dropped.

Fuel and oil prices rose by 12.6 per cent year-on-year in July, the cost of electricity increased by 5 per cent, and residential rental prices grew by 3.2 per cent.