Czech Republic - Inflation
Inflation, consumer prices (annual %)
The value for Inflation, consumer prices (annual %) in Czech Republic was 1.94 as of 2011. As the graph below shows, over the past 17 years this indicator reached a maximum value of 10.63 in 1998 and a minimum value of 0.11 in 2003.
Definition: Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
Source: International Monetary Fund, International Financial Statistics and data files.
Inflation, GDP deflator (annual %)
The value for Inflation, GDP deflator (annual %) in Czech Republic was -0.77 as of 2011. As the graph below shows, over the past 20 years this indicator reached a maximum value of 36.19 in 1991 and a minimum value of -1.38 in 2010.
Definition: Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.
Source: World Bank national accounts data, and OECD National Accounts data files.
Topic: Financial Sector Indicators
Sub-Topic: Exchange rates & prices