The year-on-year growth of consumer prices in the Czech Republic hit 3.0 percent in March. It was the highest year-on-year price growth since October 2012, according to the Czech Statistical Office (ČSÚ). March’s growth was 0.3 percentage points up on February’s year-on-year growth. In terms of the year-on-year comparison, the rise in March prices came primarily from developments in food and non-alcoholic beverages. Prices of potatoes increased by 74.5%, bread and cereals by 3.3%, butter by 8.6%.
