Producer prices in the Czech Republic fell by 2.1% year-on-year in December 2025, worse than market expectations of a 0.9% decline and compared with a 1.3% fall recorded in the previous month. This marked the steepest producer deflation since September 2016, driven mainly by continued price decreases in the manufacturing sector (-1.1% vs -0.8% in November), particularly in chemicals and chemical products (-8.1%) and motor vehicles, trailers and semi-trailers (-2%). Moreover, deflation intensified in mining and quarrying (-4.2% vs -4.1%) and electricity, gas, steam and air-conditioning supply (-5.6% vs -3.2%). Meanwhile, prices for water supply, sewerage, waste management and remediation services were unchanged at 4.1%. On a monthly basis, producer prices fell by 0.2% in December, reversing a 0.3% increase in the previous month.