In March 2021, the inflation rate rose to 2.3% year-on-year, and 0.2% from the previous month. The growth was mainly due to the increase in fuel prices, while essential goods and services have become cheaper since last year. Photo Credit: Freepik / Illustrative Photo. Czech Rep., Apr 16 (BD) – The Czech Republic has among the highest rates of inflation in the EU, and in March 2021, consumer prices recorded a year-on-year increase of 2.3%, compared to 2.1% in February, according to data published this week by the Czech Statistical Office (CZSO). “The growth of fuel prices represents the most significant share in this increase. The average price of petrol was CZK 30.47 per litre, the highest since last February. The average price of diesel was CZK 29.14 per litre, the most expensive since March 2020”, said Pavla Šedivá, Head of the CZSO Consumer Price Statistics Department,.