The annual inflation rate in the Czech Republic eased to 2.7% in July 2025 from 2.9% in the previous month, in line with market forecasts, preliminary estimates showed. The downturn was driven by softer price increases for food, alcohol & tobacco (4.9% vs 5.5% in June), goods (1.4% vs 1.6%), services (4.8% vs 5.0%). Meanwhile, costs for energy fell (-4.6% vs -5.0%), though at a softer pace. On a monthly basis, consumer prices increased by 0.5% from 0.3% in the previous month.