Producer prices in the Czech Republic climbed to 3.7% year-on-year in September 2026 from 2% in the previous month, exceeding market expectations of 3.4%. It marked the highest annual inflation rate since April 2023, driven by faster price growth in manufacturing (5.3% vs 4% in August), particularly in the manufacture of basic metals (6.3% vs 5.6%) and machinery and equipment (2% vs 1.7%). Prices also increased at a faster pace in mining and quarrying (2.6% vs 2.3%), while inflation remained stable at 3.9% in water supply, sewerage, waste management and remediation services. In addition, deflation eased in electricity, gas, steam and air-conditioning supply (-1.6% vs -4.8%). On a monthly basis, producer prices rose 1.2% from 0.4% in August and above market expectations of 0.9%, marking the highest reading since April.