50% of Czechs Pessimistic About Economic Outlook As Households Brace For Further Price Hikes
The economic mood of the Czechs in the first half of 2022 is considerably pessimistic, according to a survey conducted by the STEM agency. The household financial outlook index fell…
Inflation: Basic Necessities and Consumer Goods Increase 15% Year-On-Year In The Czech Republic
Consumer prices increased by in May 2022 from the previous month, according to the Czech Statistical Office (CZSO). The increase was mainly driven by higher prices for food, non-alcoholic beverages…
Czech Median Wage Rises 6% In One Year
The median monthly wage last year rose by about 6% to CZK 35,169, standing at CZK 37,070 for men, and CZK 32,800 for women, according to the data published this…
Government Reconvenes National Economic Council
At a meeting on Wednesday, 18 May, Petr Fiala's government decided to reconvene the government's National Economic Council, approving new statutes and members for the body. The National Economic Council…
Czech Economic and Social Agreement Council Met On Tuesday To Discuss Refugee Crisis and Presidency of the EU
The third meeting of 2022 of the Czech Economic and Social Agreement Council took place on Tuesday, with many topics under discussion including the impact of the Russian aggression in…
Inflation In The Czech Republic Reaches 25-Year High
Inflation in the Czech Republic reached y-o-y in March, the highest level since 1998. The steepest price rises are reported in energy and fuel, but virtually all items in the…
New Research Sheds Light On Economic Impact of Students On Brno
Brno is often described as a student city, and rightly so. There are almost 65,000 young people studying at universities in the city, making up 1 in 6 of the…
Czech Republic Leads in Central and Eastern Europe For Economic and Working Conditions
Companies in the Czech business services sector have continued to prosper during the Covid-19 pandemic, with many expanding and continuously looking for new staff, creating a candidate-driven market. Photo credit:…
Q4 2021 Saw Slight Reduction In Public Debt
The government balance sheet remains in deficit, reported the Czech Statistical Office. Title photo: CG / Brno Daily. Czech Republic, April 7 (BD) - The government balance sheet reached a…
Retail Sales Increased By 8.5% In January Year-on-Year
Month-on-month, sales in retail (excluding motor vehicles) increased by in January, including a increase in fuels, for non-food goods, and a slight decrease for food. Compared to last year, retail…