Economic policy | Council on Czech Competitiveness

Economic policy / Macroeconomic Indicators, Economic Growth

This section reports on economic policy initiatives of the Czech government, the EU, and other entities that have a direct impact on the competitiveness of the country. It also includes information on economic priorities of the AmCham and other leading associations.

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Spotlight issue

3rd May 2021 / Economic policy / Macroeconomic Indicators, Economic Growth

Czech economy falls by less than previously feared in 1Q

The preliminary GDP figure for the first quarter surprised on the upside. The economy fell just 0.3% QoQ, with pandemic restrictions being in place through the quarter. For the whole year, we expect GDP growth to be around 3%, although pandemic-related uncertainty remains elevated

28th April 2021 / Economic policy / Macroeconomic Indicators, Economic Growth

Czech Economic Outlook: Hawks returning

Economy on threshold of rapid expansion The Czech economy is likely to rebound to growth in the second quarter of this year, and this growth will likely accelerate in subsequent quarters.

26th April 2021 / Economic policy / Macroeconomic Indicators, Economic Growth

Czech confidence improved significantly in April

Confidence improved in April amid increased vaccinations, an improving pandemic situation and the prospect of a gradual reopening of the economy. Household confidence is the best since last summer and business confidence reached pre-pandemic levels