The annual inflation rate in the Czech Republic eased to 1.5% in June 2026 from 2.1% in the previous month, coming in slightly below market expectations of 1.9%, according to preliminary estimates. This marked the lowest reading since February, as prices declined further for food and soft drinks (-3.4% vs -1.9% in May), while it fell for energy prices (-1.0% vs 1.8%) and goods (-0.4% vs 0.6%). Meanwhile, services inflation eased (4.5% vs 4.7%), while costs for alcoholic beverages and tobacco rose at a faster pace (4.3% vs 3.7%). On a monthly basis, consumer prices fell 0.3% in June, reversing a 0.1% increase in May and coming in below market expectations of no change.