Czech consumer price indices increased by 2.6% year on year and stagnated month on month in May. The inflation growth is down by 0.3 percentage points on the inflation growth in April when it accelerated on the March 2% y/y growth, ending the previous easing trajectory. “May price level remained unchanged in comparison with the previous month. Only significant movements were recorded in most divisions of the consumer basket. However, they offset each other,” commented Pavel Sediva, Head of the Consumer Statistics Unit at the Czech Statistical Office (CZSO). In year-on-year terms, the easing on…