{"id":7505,"date":"2019-07-11T16:28:40","date_gmt":"2019-07-11T15:28:40","guid":{"rendered":"https:\/\/praguebusinessjournal.com\/?p=7505"},"modified":"2019-07-11T16:28:40","modified_gmt":"2019-07-11T15:28:40","slug":"inflation-rate-slowed-down-in-june","status":"publish","type":"post","link":"https:\/\/praguebusinessjournal.com\/inflation-rate-slowed-down-in-june\/","title":{"rendered":"Inflation Rate Slowed Down In June"},"content":{"rendered":"<p>After higher than expected inflation in May, which reached 2.9% year over year, price growth slowed to 2.7% in June due to slightly weaker growth in prices of alcoholic beverages, fuel and electricity for households. We expect average inflation to reach 2.6% this year.<\/p>\n<p>&nbsp;<\/p>\n<p>The month-on-month rise in prices was negligible in June, with\u00a0May&#8217;s 2% rise in food prices\u00a0not repeated. In June, food grew by only 0.4% on average,\u00a0usual during the summer\u00a0as the new harvest gets to market.<\/p>\n<p>&nbsp;<\/p>\n<p>Also fuel prices are not pushing inflation up\u00a0as they did in previous months. Despite June fuel prices stagnating MoM,\u00a0YoY dynamics slowed from 3.1% to -0.3 due to a base effect from last year. As such, the contribution of fuel prices to YoY inflation decreased by 0.1 percentage points in June vs May&#8217;s level.<\/p>\n<p>&nbsp;<\/p>\n<p>Via<a href=\"https:\/\/think.ing.com\/snaps\/czech-inflation-slowed-down-slightly-in-june\/\"> ING<\/a><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>After higher than expected inflation in May, which reached 2.9% year over year, price growth slowed to 2.7% in June due to slightly weaker growth in prices of alcoholic beverages, fuel and electricity for households. We expect average inflation to reach 2.6% this year. &nbsp; The month-on-month rise in prices was negligible in June, with\u00a0May&#8217;s &#8230; <a title=\"Inflation Rate Slowed Down In June\" class=\"read-more\" href=\"https:\/\/praguebusinessjournal.com\/inflation-rate-slowed-down-in-june\/\" aria-label=\"Read more about Inflation Rate Slowed Down In June\">Read more<\/a><\/p>\n","protected":false},"author":4,"featured_media":5092,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[18],"tags":[434],"jetpack_publicize_connections":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Inflation Rate Slowed Down In June - Prague Business Journal<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/praguebusinessjournal.com\/inflation-rate-slowed-down-in-june\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Inflation Rate Slowed Down In June - Prague Business Journal\" \/>\n<meta property=\"og:description\" content=\"After higher than expected inflation in May, which reached 2.9% year over year, price growth slowed to 2.7% in June due to slightly weaker growth in prices of alcoholic beverages, fuel and electricity for households. We expect average inflation to reach 2.6% this year. &nbsp; The month-on-month rise in prices was negligible in June, with\u00a0May&#8217;s ... 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