The annual inflation rate in the Czech Republic rose to 1.9% in August 2026 from 1.7% in the previous month, in line with market expectations, according to preliminary estimates. The reading marked the highest inflation rate since May, driven mainly by a stronger increase in prices for alcoholic beverages and tobacco (4.7% vs 3.7% in July), while inflation also rebounded for energy (2.3% vs -0.3%) and goods (0.2% vs -0.2%). Meanwhile, price growth eased for services (4.5% vs 4.7%), while deflation deepened for food and non-alcoholic beverages (-4.3% vs -3.1%). On a monthly basis, consumer prices eased 0.3% in August from a 0.6% increase in July.