09.06.201704:15:00UTC+00Czech Apr Inflation Accelerates More Than Expected

Czech consumer price inflation accelerated at a faster-than-expected pace in April, figures from the Czech Statistical Office showed Friday.

The consumer price index rose 2.4 percent year-over-year in April, faster than the 2.0 percent climb in March. Economists had expected the inflation to rise to 2.2 percent.

Prices of food and non-alcoholic beverages grew 4.5 percent annually in April and transport costs went up by 4.1 percent.

Month-on-month, consumer prices increased 0.1 percent in April, while it was expected to drop by 0.1 percent.