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The inflation rate of energy commodity prices in Czechia rose significantly throughout 2023. Electricity saw the steepest increase, with the inflation rate standing at 148.6 percent in October of that year. However, in the first half of 2024 the rate of energy commodity prices have shown a decrease.

Harmonized index of consumer prices (HICP) energy inflation rate in Czechia from January 2019 to May 2024, by commodity

Characteristic	Energy	Gas	Liquid fuels	Electricity
May '24	5%	-6.6%	-0.1%	11.1%
Apr '24	5.2%	-5.8%	0.2%	12%
Mar '24	4.7%	-5.3%	0.2%	13.1%
Feb '24	3.8%	-5.5%	1.2%	13.1%
Jan '24	2.6%	-6.5%	1.2%	13.3%
Dec '23	31.1%	-7.7%	0.6%	142.4%
Nov '23	28.8%	-6.3%	1%	143%
Oct '23	35.4%	6.2%	1.4%	148.6%
Sep '23	14.9%	12.4%	3.8%	16.5%
Aug '23	20.6%	34.2%	7.9%	23.1%
Jul '23	16.1%	35.3%	9.5%	23.4%
Jun '23	17.5%	39.5%	11.7%	24.6%
May '23	20.3%	47.2%	17.9%	24.8%
Apr '23	23.4%	52.7%	19.4%	24.8%
Mar '23	25.6%	59.7%	23.1%	29.6%
Feb '23	36.9%	73.9%	28.4%	32%
Jan '23	41.9%	86.5%	33.3%	36.4%
Dec '22	25.8%	139%	33.7%	-21.2%
Nov '22	27.8%	137.8%	37.3%	-23.4%
Oct '22	14.2%	85%	33.1%	-38.2%
Sep '22	41.3%	85.5%	34.1%	37.8%
Aug '22	36.8%	61.1%	26.7%	34.6%
Jul '22	40.4%	59.6%	24.6%	33.6%
Jun '22	40%	57.6%	25.5%	31.6%
May '22	37%	49%	21.4%	30.8%
Apr '22	34.7%	44.1%	19.8%	30.1%
Mar '22	33.2%	37.5%	16.4%	24.7%
Feb '22	25.1%	28%	11.2%	22.6%
Jan '22	21.4%	21.3%	7.4%	18.8%
Dec '21	1.7%	-7.8%	6.9%	-15%
Nov '21	2.7%	-9.1%	6.4%	-13.6%
Oct '21	9.1%	2.5%	6.4%	3.1%
Sep '21	3.8%	-4.7%	4%	-2.3%
Aug '21	3%	-4.7%	6.2%	-3.4%
Jul '21	2.9%	-4.7%	7%	-3.4%
Jun '21	3.2%	-4.7%	4.2%	-3.4%
May '21	3.6%	-4.7%	1.5%	-3.4%
Apr '21	2.2%	-4.7%	1.4%	-3.4%
Mar '21	-1.8%	-4.7%	1.4%	-3.4%
Feb '21	-4.5%	-4.7%	1.7%	-1.8%
Jan '21	-5.3%	-4.7%	1.3%	-1.4%
Dec '20	-3.9%	-3.9%	1%	2.5%
Nov '20	-4.1%	-3.9%	-1.5%	3.3%
Oct '20	-3.6%	-3.9%	1.9%	4.8%
Sep '20	-2.1%	0.4%	1.1%	7.6%
Aug '20	-1.9%	0.4%	0.7%	7.6%
Jul '20	-2.1%	0.4%	0.3%	7.6%
Jun '20	-3.7%	0.4%	0.6%	7.6%
May '20	-4.5%	0.4%	2.7%	8%
Apr '20	-2.6%	0.4%	1.9%	8.6%
Mar '20	1.7%	0.4%	2.1%	8.6%
Feb '20	4.2%	0.4%	2%	9.7%
Jan '20	5%	2.9%	2%	10%
Dec '19	5%	3.1%	1.9%	12.3%
Nov '19	3.9%	3.4%	1.9%	11.5%
Oct '19	3.6%	3.6%	2.1%	9.9%
Sep '19	3.9%	3.6%	2.4%	9.9%
Aug '19	4.2%	3.6%	2.8%	9.9%
Jul '19	4.6%	3.6%	2.9%	10.4%
Jun '19	4.9%	3.6%	2.6%	10.4%
May '19	6.5%	3.6%	1.2%	12.5%
Apr '19	6.7%	3.6%	0.7%	11.9%
Mar '19	5.9%	3.6%	0.4%	11.9%
Feb '19	4.3%	3.6%	-0.2%	8.9%
Jan '19	3.7%	0%	0.6%	8.2%

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Release date

June 2024

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Region

Czechia

Survey time period

January 2019 to May 2024

Supplementary notes

According to the source, the Harmonized Indices of Consumer Prices (HICP) measure changes in the prices of consumer goods and services over time. These indices provide comparable measures of inflation.

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