Czech inflation eases to 3.5 PCT in April

Czech annual inflation fell back in April to 3.5 percent from March’s 3.8 percent with a slowdown in the rate of price rises for food and drinks one of the main factors.

Annual inflation had hit its highest rate for the year so far in March with the sharply rising costs of food and drink having one of the biggest impacts on the cost of living.

The Czech Statistical Office (ČSÚ) said Thursday that a series of foodstuffs were more expensive in April, eggs up 62.9 percent compared with a year earlier, rolls 12.2 percent dearer, milk 1.4 percent, and sugar 6.8 percent. The cost of vegetables fell by 16.3 percent year-on-year.

Prices for utilities and housing also contributed to the overall price increase while clothing and footwear were cheaper.