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

27th May 2020 / Economic policy / Macroeconomic Indicators, Economic Growth

Czech confidence broadly stagnated in May

Even though Czech households’ confidence increased in May, it wasn't enough to compensate for the fall seen in the last two months. On the other hand, business confidence further fell in May, so overall confidence improved only slightly, but broadly stagnated.

13th May 2020 / Economic policy / Macroeconomic Indicators, Economic Growth

Very high bar for renewal of FX floor

The Czech koruna weakened materially yesterday after CNB comments that it’s contemplated FX floor as one possible easing measure, should it be necessary. Here we answer some of the key questions surrounding such a move. The bottom line is that we see CZK reaction/fall as exaggerated, as the bar for FX floor renewal is very high

13th May 2020 / Economic policy / Macroeconomic Indicators, Economic Growth

Inflation continues subsiding mainly due to oil prices

In April, inflation decelerated further. Once again, the prices of fuel were lower, in particular. Prices of food were up. The decline of inflation will probably continue.