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…
CzechInvest Marks CZK 30 Billion of Investment From French Companies Since 1992
The Czech Republic is an attractive market for French foreign investors. Since its creation in 1992, the CzechInvest agency, part of the Czech Ministry of Industry and Trade, has been…
Meat Production In Decline In The Czech Republic, While Milk Production Is Increasing
According to the Czech Statistical Office (CZSO), meat production in the Czech Republic fell in the first quarter by year-on-year. The decline was seen mostly in beef, less so in…
Operators Waive Charges As Calls Between Czech Republic and Ukraine Increase by 900%
Solidarity with Ukraine has brought domestic operators together. They have jointly decided that people will be able to make calls to the Russian-invaded state for free, in response to data…
The Number Of Foreign Employees Is Rising Again: Foreigners In The Czech Republic Generate About $4 Billion A Year
Despite the pandemic and fears of higher turnover of foreign employees, companies are actively seeking and recruiting foreign workers. The number of foreign employees in the corporate, customer and IT…
Fuel Prices In The Czech Republic Rise To Highest Level Since Late November 2021
A litre of the best-selling petrol, Natural 95, is currently selling at Czech petrol stations for an average of CZK , which is CZK more than one week ago. Meanwhile,…
Changes In CZK Exchange Rate Will Help The Czech National Bank Tackle Inflation
In response to price growth well above the inflation target, the Czech National Bank (CNB) has repeatedly moved to raise the base interest rate. The expected result of the restrictive…
In Brief: Unemployment at 2.2% in the Czech Republic
In December, unemployment remained very low, at , according to the Czech Statistical Office today. Photo: Freepik. Czech Republic, Feb 1 (BD) – Seasonally adjusted data show an unemployment rate…
Czech Economy Performs Better Than Expected In Q4 2021
The Czech economy performed better than expected in the last quarter, according to data published today by the Czech Statistical Office (CZSO). Credit: Freepik Czech Republic, Feb 1 (BD) –…
University of West Bohemia Opens Welcome Center To Assist Foreign Experts
The University of West Bohemia has opened a Welcome Center to assist in the integration of foreign experts coming to work in the university and the city. Photo credit: UWB…