Fuel Prices in The Czech Republic Skyrocketing Amid Global Inflation
The price for a full tank of petrol in the Czech Republic is currently at around CZK 2,000. In September, petrol and diesel prices grew by one crown per litre.…
Apartments In Brno Cost 41% More Than Last Year; Cejl Is The Most Coveted Neighborhood
The cost of apartments in Brno has increased at unprecedented levels. For the first time a square meter exceeds CZK 100,000, 41% more than last year, with Cejl as the…
New Amazon Facility To Open Near Prerov in 2023, Creating 2,000 Jobs
Global internet retail giant Amazon is building a new logistics center in Kojetin industrial park near Prerov in the Olomouc Region, which should create over 2,000 jobs when it opens…
In Brief: Price of Mobile Data Continues To Fall In The Czech Republic
Prices of mobile data tariffs have dropped significantly over the past two years. The Czech Telecommunication Office expects the trend to continue. Credit: Freepik Czech Rep., Sep 13 (BD)- The…
Inflation In The Czech Republic At Highest Rate Since 2008
Consumer prices increased by in August compared to July. This increase was influenced by higher prices in almost all sections of the consumer basket. Year-on-year, consumer prices rose by in…
Two Major Czech Banks Raise Mortgage Rates, Others Expected To Follow
Česká spořitelna and ČSOB, two banks with a significant market share, have announced increases in their mortgage rates, citing the rising cost of resources as well as the increase in…
More Than Half A Million Working in Czech Shadow Economy
A recent study by the Invisible (“Neviditelní”) project has found that more than half a million people in the Czech Republic do not declare their income and are not thinking…
T-Mobile Launches Unlimited Data Package for Its Customers
From June 18th until the end of August, customers of the T-Mobile operator can use an unlimited data package free of charge. The package can be switched on through the…
Priority For In-Company Vaccination To Go To Registered Users Due To Lack of Supply
According to Prime Minister Andrej Babiš, there are not enough doses available for vaccination in companies. Priority will therefore go to inoculating those registered for vaccines. This week, only 37,000…
Brno Businesses To Receive Rent Support From City For Three Months
The City of Brno has approved compensation of up to 50% of rental costs for its non-residential tenants, such as cafes and restaurants in the city, for May, June and…