Despite ongoing geopolitical tensions, Czech inflation is not currently experiencing significant growth, aided in part by decreasing food prices – agricultural producer prices fell by over 13% year-on-year in May. Economists caution this downward trend may be temporary, potentially impacted by fluctuations in fuel and fertilizer costs. However, the industrial and construction sectors are facing rising material costs, increasing by approximately 6% annually. Specifically, products linked to oil, asphalt, polystyrene, and transportation have seen substantial price hikes. While these increases are relatively modest, a company representative suggests they won’t dramatically affect property prices. The situation highlights a divergence in price trends across different sectors of the Czech economy.