Czech National Bank (CNB) Slashes Interest Rates For The Second Time In Ten Days
The board of the CNB cut its main interest rate by at its meeting on Thursday. It also made a clear statement of its willingness to take further steps to…
Czech Republic Is Generating More Household Waste, But Also Recycling More
The Czech Republic was the third lowest per capita generator of household waste in the European Union (EU) in 2018, but this still represented a record high for the country…
Czechs Generally Satisfied With Life, But Not Necessarily Happy
Data published by Eurostat has revealed that Czechs rate their life satisfaction positively, with an average of out of 10. Those with dependent children, highly-educated citizens, and the richest quintile…
The Czech Economy In 2020. Which Direction Is It Heading?
As reported last week, inflation is expected to exceed the Czech National Bank’s (CNB) tolerance zone over the coming months. This was one of the reasons the bank increased their…
Czech ICT Sector Still Struggling With Large Number of Hard-To-Fill Vacancies
According to data published by Eurostat, the statistical office of the European Union (EU), the number of firms reporting trouble filling their ICT vacancies has steadily increased over the past…
In Brief: GDP Rose By 0.2% in the Czech Republic During the Fourth Quarter of 2019
According to a flash estimate published by Eurostat, the statistical office of the European Union, the seasonally adjusted GDP in the Czech Republic rose by during the fourth quarter of…
Inflation Still Exceeding Bank Forecasts
The latest inflation figures released on Friday show a year on year increase over January 2019 of , the highest it has been for almost 8 years. This is an…
The Czech National Bank Announce Unexpected Rise In Interest Rates
At their monthly meeting on Friday the Czech National Bank (ČNB) voted to increase their main interest rate to This surprised the markets and the Czech Koruna strengthened significantly. Photo…
Czech Republic Second Least At Risk Of Poverty Among EU Member States
Photo: Prague, credit: KK / Brno Daily. Brno / Czech. Rep., Feb 9 (BD) - According to data published by the EU statistical authority Eurostat on the last day of…
December Inflation Rate Hits 3.2%-well Above CNB Target
At first look, the latest inflation report from the Czech Statistical Office (CSU) does not make comfortable reading. Higher prices for potatoes (), pork () and household utilities (particularly electricity)…