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.

Spotlight issue

22nd June 2023 / Economic policy / Macroeconomic Indicators, Economic Growth


OECD Economic Outlook for Czechia (June 2023)

According to OECD, GDP growth in Czechia will slow to 0.3% in 2023, before picking up to 2.4% in 2024. In 2023, high energy prices, tight financing conditions and weak sentiment will hold back private investment, and still elevated inflation will constrain private consumption. Private consumption will pick up in 2024, underpinned by growing real wages. Inflation will start falling from currently high levels but will only approach the 2% target towards the end of 2024. The unemployment rate will remain low, close to 3%.
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17th February 2023 / Economic policy / Macroeconomic Indicators, Economic Growth


Prices will not return before the inflationary wave. We have ourselves to blame, says the head of Linet

He was one of the first to warn in the spring of 2021 that we were in for a significant rise in the prices of goods and services. He was right: we are facing high inflation and there is no end in sight. Tomas Kolar, CEO of LINET, now reveals other important trends from behind the scenes of the industry. Soon, they will affect us all.  
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16th February 2023 / Economic policy / Macroeconomic Indicators, Economic Growth


AmChamIntel looked into possible path of inflation and Czech koruna, and the root causes of today’s volatility

Yesterday, a group of business executives joined Jaromír Šindel of Citibank, Martin Skřehota of Carrier, and Robert Grader of  Marriott Hotels to discuss possible path of inflation and Czech koruna, and the root causes of today’s volatility at our AmChamIntel session.
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Members of the American Chamber of Commerce in the Czech Republic