Minimum Decent Wage Was CZK 40,912 in 2022, Say Experts
63% of jobs in the Czech Republic pay wages below this minimum. Photo credit: Freepik. Prague, April 18 (CTK) - The minimum decent gross monthly wage from a full-time job…
Czechs Cut Costs Mostly On Food As High Inflation Continues
As inflation hits the country hard, Czech citizens have started saving mostly on food, though overall sales have decreased across the retail sector. Photo credit: TMA / Brno Daily. Brno,…
Rents In Europe Up By 18% Since 2010; House Prices Up By 49%
Rents and house prices in the EU continued to increase in the third quarter of 2022. Photo credit: Freepik. Czech Republic, Jan 16 (BD) - Rents and house prices in…
Czech EU Presidency To Support European Commission’s Plan To Reduce Energy Prices
Ursula Gertrud von der Leyen the president of the European Commission since 2019. Photo Credit: : © European Union 2022 – Source: EP via Wikimedia Commons. Prague, Sept 15 (CTK) - The…
Average Wage Down By 9.8% In Real Terms In The Czech Republic
Workers in the Czech Republic will be able to buy one-tenth less with the same wages than one year ago. Credit: Freepik. Brno, 5 Sept. (BD) - In the second…
Consumers Tighten Their Belts As Inflation Skyrockets
A survey conducted by the state news broadcaster, ČT24, showed that up to half of the Czechs are reducing food purchases, but almost half of the population does not want…
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…
Government Approves Assistance For One Million Families With CZK 5,000 Per Child
At a meeting on Wednesday 27 April, the government of Petro Fiala discussed a package of measures to help families with children cope with high inflation and energy prices. One…
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…
Rents For Residential Apartments Managed By Brno-střed District Will Be Frozen For 2022
Yesterday, Brno-střed district council unanimously approved a waiver of rent increases for flats managed by the Brno-střed district for the last year. Photo credit: KK / Brno Daily Brno, 29…